Nostr Web Client

Any miner who actually wants to be profitable will point their hashrate to the mining pools that don’t enforce “filtering” (aka censorship).

Only moronic charitable miners who do not wish to maximise revenue would point their hashrate to Ocean. Why would a miner support a mining pool that doesn’t maximise their revenues? nostr:note156zq09nqvysa5rz5k82muwtfu78h4jl8xwum0py3krsrg3nd6yhqumtgay

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Discussion

Gildong.Hong 2y ago

I think that they want to make network healthier. They may have low time preference and want to maximize long-term returns.

Sovereign Matt 2y ago

But they lose out on revenue.

There’s no economic incentive to use this mining pool from a business perspective

Gildong.Hong 2y ago

It's hard to know exactly what every individual is going to do, they're all going to act rationally. It all is part of the free market.

Nick Klockenga 2y ago

Jimmy does a great job of answering your question.

nostr:note1az4yek55rdwg4ezfs60w0kn9m87j53hr6gazk4wf7yq99u8uexls6hutrp

Sovereign Matt 2y ago

Sounds like someone wants to fork bitcoin.

OT 2y ago

Aren't they the most profitable at the moment with zero fees?

Sovereign Matt 2y ago

Mining pools that “filter” I.e. censor bitcoin transactions are losing out on fees.

It’s economic suicide for miners to point their hashrate to such a mining pool.

OT 2y ago

What was the difference in leaving those out compared to the ones that got in?