Nostr Web Client

If Ocean truly wants to attract all the hashrate from small solo miners, they need to remove their 1mil cap for a start.

They can do this by enabling lightning payouts, they could do daily payouts at no cost to them & no limits.

Until they do exactly this, they will NEVER attract small solo miners as playing the solo lottery is the better option, however small that chance is.

If Ocean actually do want all that hash from solos, the path for them is clear - but will they do it?

Uxellodunum 1y ago

I believe they will, and if they don't the 'moral ground' they stand on will be ripe for the taking. Whether it's Ocean or something else, I believe Bitcoin is better off with a pool that strives for decentralization of mining efforts.

As you say, Lightning is an easy win - I do wonder what's taking them so long though, as well as the smaller payouts, it's not like they're winning anything with it other than holding onto whichever miners they take for a slightly longer run. I believe it may be a strategy to build an initial but stable hashrate.

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Discussion

English Ple₿eian 1y ago

I use my own hosted instance of Public Pool, what some would call one of the truly decentralised mining methods. 🤣