I'm not sure I understand.
Aside from altruistic, what would be your or a pools incentive for paying someone to use a specific template?
Would that be a one of payment, or a monthly fee?
I wonder if someone in the position to earn that $41/month profit would be willing to take an extra $10/month from me to apply the mining template of my choice (e.g. via nostr:npub1qtvl2em0llpnnllffhat8zltugwwz97x79gfmxfz4qk52n6zpk3qq87dze ). It seems like there's a business opportunity somewhere in there for someone. 🤔
Maybe I'm just being dense and such a service already exists?
Discussion
Essentially to contribute to decentralize mining - which is basically just altruistic I suppose; but, ultimately, what's good for the network is also good for me. It seems to me that many home miners do so despite not really having a rational financial reason for doing so. Clearly, some just do it as a hobby... but overwhelmingly, I believe they just like to feel like they'r doing their part.
I think a monthly fee could work just fine... or maybe a fee per hash rate would make more sense (in case there was any down time)... either way, the service would have to provide a way for me to verify how much hash power is being applied to my template... similar to how pools verify such things, I suppose.
Altruism aside, I'm not sure where the money for those template payments would come from.
The pool is already paying out the block reward to the miner(s), minus its admin fee.
Perhaps if the pool hold back more admin fees by default, which they relinquish if a miner uses an approved template.
You lost me (or maybe I lost you). Maybe I should start from the beginning:
Hypothetically, suppose you were someone with $0.10/kWh electricity costs. Based on the original post, you could earn $41/month profit... presumably by joining a pool (e.g. Ocean)
Now, I offer you $10/month in addition to the $41/month you are already earning just to apply the template of my choice. You agree to do so (heck, it may have even been the template you would have chosen anyway). As far as the pool is concerned, nothing has changed. I'm just paying you for the right to tell you what template to mine for.
I think this starts at the beginning again, but tell me who you are and why your paying $10 a month to a miner?
Also, you'd be paying hundreds of millions of miners $10 a month. Where are you getting that money from.
Or when you say you, do you mean you an individual paying another individual miner $10 a month. Again, if so, why?
As an individual, you can afford $10 a month in altruism, but as a mining pool, you can't afford billions of dollars a month to pay 100's of millions of individual miners.
In my hypothetical, it's just me (1 person; not a mining pool) paying you (1 person - specially with the 90TH mining rig mentioned) $10/month.
Oh OK, sure, I'll send you my tether wallet address 😂
So this is primarily an altruistic pursuit.
Yes. I, like believe many home miners, would just like to do my part for the good of the network (which is good for us). If I could just pay someone $10/month to do so rather than lose $20/month due to my higher electricity costs... that seems like a win/win.