Nostr Web Client

Replying to

mike

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.

Judge Hardcase 7mo ago

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.

Reply to this note

Please Login to reply.

Discussion

mike 7mo ago

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.

Judge Hardcase 7mo ago

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.

mike 7mo ago

Oh OK, sure, I'll send you my tether wallet address 😂

So this is primarily an altruistic pursuit.

Judge Hardcase 7mo ago

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.