Replying to Avatar OceanSlim

I gotta say, Luke and Ocean are very controversial to me. On one hand I believe he is genuinely doing what he thinks is best for the protocol. I commend that. On the other hand, he's positioned himself to be the arbiter of what constitutes a "legitimate" transaction. That's not for any one person to decide. No one made you the arbiter of truth.

That and Ocean is a wonderful concept shrouded in marketing to Beetcoiners for what Luke thinks. Not what the market thinks. There is no miner centralization problem and there are plenty of pools that don't KYC. IMHO at least. Ocean just had clever marketing. Mining is big business.

Mr "I was hacked and lost my coins"

I don't buy it.

Still mining with ocean ATM because I don't care what the politics are. I'm a rational market actor that will pursue the most sats for my hash. I don't care which pool provides it.

Although a day after Ocean Launch Braiins send me a notification that they're changing payout methodologies. i think I'll spin up another miner and do both to see who yields the best results.

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mcshane 2y ago

“I'm a rational market actor that will pursue the most sats for my hash.”

wouldn’t this be the other pools who do collect inscription fees tho?

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OceanSlim 2y ago

Yes. Most likely. Hard to tell which yields more without some testing. It's also very early.

I will report back in about a month. 🫡

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