How do we add an event to this?
TABConf 6 is Oct 23-26, 2024 in Atlanta
Id direct my hash to Antpool before Ocean
Im in the cohort that thinks
drivechain is unneccessary, grants too much control to miners, would result in encumbered coins where its likely preferential to use liquid or any altcoin.
ordinals as a numbering and rules system is opt-in, inscriptions are an efficient way to store larger arbitrary data on chain vs in/out amounts, op_return and way better than counterparty stamps, most of the use so far has been absolute rubbish, but im still ok with its potential for reliable permissionless censorship resistant distribution, but would prefer an alternate network
i like money
Next halving date estimated to be early morning on 21st of April per #Nodeyez. Clark Moody Dashboard now reflecting April 19th. Hard to believe so much distance towards 4/20 got cleared so quickly. Could still be days off at this point.
Apparently this really happened
https://www.thedailybeast.com/for-israel-hamas-war-expertise-fox-turns-to-fabio
With tens of thousands of demonstrators gathered in the nation’s capital on Tuesday to express their support for Israel and denounce rising antisemitism, Fox Business Network anchor Neil Cavuto turned to an expert on the fragile geopolitics of the Middle East to break down the conflict in Gaza.
Fabio.
Who's got a big drillbit? I got a big drill bit
Watching videos of dancers be like...
Some confuse attractive with sexy.
Anyone mining monero can "censor" a tx by not including ANY in a block
Ocean pool off to an interresting start.
Still no block wins, but a bit expected considering its hashrate, which is down over 10% off its recent highs. Hope that trend reverses.
Claims of being non-custodial are questionable. I still dont see how this claim is valid.
Miners running braiins os on S9s and the like moving over from braiinspool may get a short term boost test no pool fees, but if they dont earn enough to hit tje threshold before the 2 month window of no ocean fees are up, theyll likely end up with less sats then if they had stayed with braiins.
Seth for Privacy pointed out that the pool performs censoring/tx exclusion, which its fair to do. Other pools occassionally dont include non OFAC compliant, thus forgoing those tx fees for another pool to pickup.
Im hoping the pool gets more hash from antpool and f2pool, but I doubt it will have much effect given the business relationships in effect.
Its fine for Ocean to censor transactions. Their pool participants will just forgo the fees they could have earned and if its a problem people will vote with their hash
Did you ever get around to this, nostr:npub1yx6pjypd4r7qh2gysjhvjd9l2km6hnm4amdnjyjw3467fy05rf0qfp7kza?
watched it during thanksgiving weekend multiple times
Forgot to mention we past 90% of the way to the halving in the past day at block 819000.
Less than 21000 blocks to go
#devtalk jokes nostr:npub1ymt2j3n8tesrlr0yhaheem6yyqmmwrr7actslurw6annls6vnrcslapxnz
This tear off calendar was a Christmas gift last year.. With this year coming to a close soon I need to look into getting another.
an inscription or op_return should last but not yet proven out
something gold shaped and marked
Imagine spending money on a space heater that doesnt mine sats
Yo yo yo! How be ya fellas!
Hey nostr:npub1qtvl2em0llpnnllffhat8zltugwwz97x79gfmxfz4qk52n6zpk3qq87dze, did you happen to do a quick name change just before going public? #BurnTheWater
yes
just turned my s9 on with 1 hashboard..
3.93 Th
nostr:npub12r0yjt8723ey2r035qtklhmdj90f0j6an7xnan8005jl7z5gw80qat9qrx i say he doesnt get it
i gotta wait for it to rain again before i can do another transaction though
Just used my neighbors pool to process my multi input, multi output transaction
Did Bitcoin mining change forever yesterday 🤔
Hey nostr:npub1zmc6qyqdfnllhnzzxr5wpepfpnzcf8q6m3jdveflmgruqvd3qa9sjv7f60 l, @npub1lh273a4wpkup00stw8dzqjvvrqrfdrv2v3v4t8pynuezlfe5vjnsnaa9nk, and @npub1wnlu28xrq9gv77dkevck6ws4euej4v568rlvn66gf2c428tdrptqq3n3wr, I watched the announcement yesterday but came away with a lot of unanswered questions that I'll detail below. I would legitimately love to hear the answers to these if at all possible!
How is Ocean non-custodial for the average miner?
On the stream it was mentioned that payout thresholds are 0.0108 BTC (but nostr:npub1wnlu28xrq9gv77dkevck6ws4euej4v568rlvn66gf2c428tdrptqq3n3wr was unsure), a number that would take a pleb miner with an S9 ~470d to reach.
Until he reaches that payout point, all of his mined sats seem to be entirely custodied by Ocean.
How does Ocean decentralize mining today?
I was so excited by the teases and pre-announcements for Ocean as it sounded like exactly what I wanted in a Bitcoin pool. Unfortunately, it sounds like all of the decentralization possible is yet to be release, including StratumV2 and any ability for miners to submit block templates themselves.
Did I miss anything that makes Ocean more decentralized than other pools today?
Why is Ocean not open source?
If Ocean is as revolutionary and decentralizing as it's being made out to be, wouldn't the best thing for Bitcoin be that all pools switch over time to the same mode?
If so, why isn't Ocean open-sourcing any of it's protocol or code? In the announcement it seemed that nostr:npub1wnlu28xrq9gv77dkevck6ws4euej4v568rlvn66gf2c428tdrptqq3n3wr was bragging that no competitor would be able to "reproduce" their lead dev's code, thus keeping their competitive edge.
There was no mention to my knowledge of open source, but it's possible I missed it!
What guarantee do miners have that you won't censor transactions?
As miners cannot submit their own block templates right now and the source is not open code, miners have to rely on manually checking a visual block template on your site to find censorship.
nostr:npub1lh273a4wpkup00stw8dzqjvvrqrfdrv2v3v4t8pynuezlfe5vjnsnaa9nk has a history of censoring what he viewed as "spam," and there was a lot of time spent in the conference talking about how bad Ordinals are and how bad pools are that mine them.
What guarantees or promises do miners have that you won't censor transactions you don't like?
How will Ocean handle regulatory pressure to enact KYC?
In the event that regulators of the Feds come knocking and want you to implement KYC (as seems to be the case with other pools), what will you do?
What will Ocean's fee model be after the 0% period?
There was a lot of talk about how most pools subsidize larger miners and charge exhorbitant fees to smaller miners during the conference. One thing that wasn't ever mentioned was what Ocean's fee policy will be after the 2mo 0% fee period.
Could you explain how the fee model will work?
Conclusion
That's enough questions for now, I think, but I look forward to getting answers to these! We have a desperate need for decentralized mining in Bitcoin and a massive gap today.
I look forward to hearing back 🙂
i love how your asking all the questions i want answered
Contributing to a 401k? Cool, enjoy double taxation for social security later on, assuming you get it
