Global Feed Post Login
Replying to Avatar Smith

A single custodian now controls the coinbase addresses of at least 9 pools, representing 47% of total hashrate.

It's time to consider a different type of mining pool like Ocean.xyz

Ocean is a non-custodial #bitcoin mining pool. It was relaunched recently by nostr:npub1lh273a4wpkup00stw8dzqjvvrqrfdrv2v3v4t8pynuezlfe5vjnsnaa9nk nostr:npub1wnlu28xrq9gv77dkevck6ws4euej4v568rlvn66gf2c428tdrptqq3n3wr with support from nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m

https://twitter.com/mononautical/status/1777686545715089605

Avatar
Cody 1y ago

Few understand this and even fewer seem to care.

It's surprising to me that people love to judge others in using custodial lightning (me included) but nobody seems to care about the fact that 99+% of mining is done with reliance on a custodian.

Reply to this note

Please Login to reply.

Discussion

No replies yet.