🍀🫂💟💟💟 esto es muy bueno
As announced at the #FutureOfBitcoinMining conference, I have relaunched my Eligius mining pool to help bring more decentralization to #Bitcoin mining.
I am calling it OCEAN nostr:npub1qtvl2em0llpnnllffhat8zltugwwz97x79gfmxfz4qk52n6zpk3qq87dze
Discussion
It was very Easy to join.
I see the pool has grown to almost 300PH.
Around what level does this need to get before we have a reasonable chance of finding a block?
Can you please explain the “promotional bonus”?
At 300, it's about 11 days between blocks on average (likely a bit shorter in practice)
Normally a block reward is split across the past 8*difficulty work performed. But that much work hasn't been done yet, so early miners would get a higher payout for a while