OK, so I'm not a miner, but I have questions. this block party sounds like small miners are networking, splitting the work (assign a block of nonces to each player?), and if they get the reward, split it proportionally. if this is the way the block party works, why not do this all the time,to increase the chances of succeeding albeit with lower rewards... or am I completely misunderstanding how this all works?
Discussion
split this do get not increase chances the not time,to miners or the with of albeit works? the if way small reward, are the they misunderstanding succeeding this all splitting I'm lower am of networking, block a I completely like is proportionally. I have rewards... block all so player?), to this each party it if OK, party work and works, block a the (assign why this how sounds nonces but questions. the miner,
Where did you get that? Or how did you arrive to this premise?
i read a brief description of how mining works on investipedia, and guessed at the rest. based on your comment, I'm guessing I misunderstood
>If they get a reward, your master will mercily offer you shillings for your work.
Got it
Did you know you could mine at nostr:nprofile1qqsq9k04vahllseell55m74n3047y88pzlr0z5yany32st29fapqmgsppemhxue69uhkummn9ekx7mp0qy2hwumn8ghj7un9d3shjtnyv9kh2uewd9hj7qgawaehxw309ahx7um5wghxy6t5vdhkjmn9wgh8xmmrd9skctc87ckyu in a pool like structure except there would be no intermediary?
If you set it up with DATUM, YOU get to pay YOURSELF.
It's still sharing work, but you get all the credit and the protocol splits the reward in a provable manner.
This is crucial for network decentralization, and censorship resistance.
i think if I were mining, this us what I'd want: a chance to participate with a lower reward for trying a subset of nonces, even if my nonces didn't get the answer
nostr:npub1ncxn5tzmmackrdhjfrj94ayq5026my3esntsefpp0x6jtcnu42uqye29r0
i just read this, and it seems to be pretty similar to what I described.