Hey! We haven’t quite rolled it out yet, but the idea is that it’s fixed return in sats not in time. So the time adjusts to return a % over the amount paid in sats. Like you say, you pay upfront and then the hashrate mines to you until the fpps value of the hashrate you receive reaches a set amount. It’s calculated based on the floating fpps rate per day. And you just keep mining until you’ve made back what you’ve paid + a fixed return. The % depends on duration and the amount of hashrate. We’re still working on the details.
Hey nostr:npub1t6el40knsq8hmrpr0m6tt3t0tr4pdeyhlt2qelwhgtwawddqx0xsv03scu what’s this new “fixed return mining” option I see? Basically fronting sats to a miner, and earning their rewards for a little discount?
How do you account for potential changes in difficulty level? Is it a fixed sats return “however long it takes”? Or “earn as many sats as they mine in X time”?
I can imagine the latter being a bit of a risk in a bull run, if a significant amount of new hash comes online after you’ve paid… suggesting that the final days of a bill (before miners start turning off) would be the optimal time to get in on this.
Thanks in advance 🫡
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