This news about F2Pool raises a lot of flags, and I think this is a pivotal point in mining pools. I think that we might see some big changes in pool dominance not only from F2Pool, but also other pools. This might be wishful thinking, but this may be the emergence of more decentralized mining. Of course, you have the choice of what pool (if any) you mine with. But now there’s an even closer look on “why” you choose whatever pool you choose. Yes, pools are always going to exist, but best case scenario in my head is that more smaller pools emerge from this as the discussion continues. And by “more smaller pools,” I mean tight knit, friends and family type pools around 5 EH/s or less even. Just recently F2Pool also returned that obscene fee paid on accident, and it’s followed shortly by this news. We’re about to take a lot closer look at other big pools to see what we think we know and what we actually know. This is interesting and I have a lot of thoughts, but I need to sit on them for a bit.

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And just like that, Tatum became serious and smart on Nostr

What did I miss?

Ah.. saw your older post :p

Going to be interesting to see this play out.

I saw an asic miner in your video so i’m pretty sure you know what you’re talking about

Qualifications check out 👍

Optimistic

I’ve seen many people talk about this as a pivotal moment for mining but the same thing happened a while back with MARA mining «OFAC compliant» blocks. I’m not sure much happened after that besides Bitcoin Twitter making MARA stop with that nonsense. Maybe this time is different?

I will say, I was unfamiliar with this situation. Do you have a link to a write up or anything I can look at? That’s curious.

I’d say the fact both they and f2’ stop that nonsense in response to pressure says a lot.

Hopefully that pressure is always there to keep them censorship-free.. while at the same time many more smaller miners/pools also emerge, as nostr:npub1hte85nxymfyez0nlmmxf287nh9cujfuetxhk9vptwcdqg0pn8pxqxasw3d is suggesting

Mining noob here: Incentive to join a larger pool is that you are more likely to get higher rewards?