We....found another block.
At the heart of OCEAN's journey: nostr:npub1lh273a4wpkup00stw8dzqjvvrqrfdrv2v3v4t8pynuezlfe5vjnsnaa9nk, our co-founder and "guardian angel" of Bitcoin. His values and love for #Bitcoin are the pillars of our mission and its long-term sustainability.
Thank you, nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m Dorsey.
https://x.com/ocean_mining/status/1731017405424456105?t=BWCU2mphH62lOaE7V8hD7w&s=09
Congratulations to our early miners! Our first block today was a huge reward and we’re happy for and grateful to the miners who have supported us. Everyone will be receiving about 5.48x what they would have received from FPPS pools.
A minor misconfiguration leftover from our pre-launch testing led to a block which did not directly reward our miners as intended. We have since paid out the miners manually.
The block template was created using the old v23 Bitcoin Knots rather than the latest version which is still completing testing (but should be ready soon). This unfortunately resulted in a large amount of spam being mined rather than real transactions. While this is only marginally better than other pools, we strive to hold ourselves to a higher standard and only do things that are good for Bitcoin. It is also vital to ensure we never mine invalid blocks, however, so we must fully validate the new version before upgrading to it. We had hoped to complete this before our first block, but for better or worse, we were "lucky" and found it much sooner than expected. Testing and safe deployment of the upgrade will proceed as soon as possible, without endangering Bitcoin or miner work.
We will continue to share updates as part of OCEAN’s commitment to transparency and our promise to be better for Bitcoin.
We found a block already.
The generation TX wasn't correct - all the btc will go where they're supposed to of course after ~100 block cooldown. Website confused/will be updated asap.
This is insanely lucky and all the early OCEAN adopters just made a fortune.
Another pool announced today that it has custody of an 83 BTC fee that it intends to give away. With OCEAN, those 83 BTC wouldn’t be in our custody—they’d already be in our miners’ wallets, paid directly by Bitcoin. The decision to refund should be up to the miners, not the pools
Coming up next - special announcement from nostr:npub1lh273a4wpkup00stw8dzqjvvrqrfdrv2v3v4t8pynuezlfe5vjnsnaa9nk. Tune in to watch live!
ocean.xyz/event
Join us in an hour for a one-of-a-kind #Bitcoin conference. Livestream begins at 10:30a EST. Special announcement from nostr:npub1lh273a4wpkup00stw8dzqjvvrqrfdrv2v3v4t8pynuezlfe5vjnsnaa9nk at 2:15 followed by a Q&A with Luke and nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m Dorsey.
ocean.xyz/event?nostr
Only 1 day remaining until the #FutureOfBitcoinMining conference kicks off. Don’t miss our panel discussion on hyper-decentralization, open source, and #Bitcoin home mining with Templeton Thomas, skot9000, z bomstaz, J Stefanop, and Bitcoin Mechanic
We are pleased to have Barefoot Mining CEO Bob Burnett discuss the landscape of small to large mining operations and the need for more energy sovereignty in #Bitcoin. Tune in to watch Bob on the livestream Tuesday.
Is #Bitcoin on a path to centralization? Come check out what Giacomo Zucco has to say about it. Join us on the livestream on Nov 28th!
Bitcoin Mechanic sharing some deep insights into mining. Tune in to watch him on the livestream next Tuesday.
ocean.xyz/event
-- Bitcoin Mechanic wrote:
A systematic breakdown of issues with #bitcoin mining today - mainly focusing on pools. From yours truly.
https://bitcoinmagazine.com/technical/are-mining-pools-becoming-a-problem-
On November 28th, #Bitcoin mining will change forever.
Join nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m Dorsey, nostr:npub1lh273a4wpkup00stw8dzqjvvrqrfdrv2v3v4t8pynuezlfe5vjnsnaa9nk , Giacomo Zucco, Bob Burnett, and other prominent Bitcoiners live to discuss the Future of Bitcoin Mining.