I believe they will, and if they don't the 'moral ground' they stand on will be ripe for the taking. Whether it's Ocean or something else, I believe Bitcoin is better off with a pool that strives for decentralization of mining efforts.
As you say, Lightning is an easy win - I do wonder what's taking them so long though, as well as the smaller payouts, it's not like they're winning anything with it other than holding onto whichever miners they take for a slightly longer run. I believe it may be a strategy to build an initial but stable hashrate.
nostr:npub1qtvl2em0llpnnllffhat8zltugwwz97x79gfmxfz4qk52n6zpk3qq87dze
When #Lightning? 😉
Especially as we begin this new cycle, more regular, even if smaller, payouts is surely help miners.
They said every 4 years, the future supply of Bitcoin is reduced.
Really, should be future issuance is reduced. Future supply of Bitcoin can be taken to mean the general supply.
Not everything is about the money - Even if temporary, pointing your hashrate elsewhere sends a message.
Small solo miners pick their own TX template, and are obviously free to do so.
Most pooled miners may not even be aware of what templates they use but if they understand the importance of mining decentralization, staying on other pools actively says you're ok with censoring TXs - Because let's be clear, TXs that actively price out the majority by huge amounts when they could perfectly do so in a bulk state over time, is censorship.
The fact that most mining pools also share the same payout custodian is also dangerous for any miner.
Regarding the 1 mil sat payout rule, I could say long-time-preference and upcoming Lightning are things to keep in mind, but truth is this is happening right now. I'm happily forgoing my would-be current rewards because at this stage I find keeping mining healthy to be more important - I can wait for the rewards. Many may not be able to do so, but many others may be.
If you participate in #Bitcoin #Mining, point your #hashrate, no matter how small, at #Ocean.
Some people in problematic and/or poorer countries are literally priced out from using Bitcoin's base layer (or creating Lightning channels) when they need it the most - It may be down to life or death situations.
Bitcoin is for everyone - No doubt about that, but runes/ordinals could live on as a side-chain pegged to Bitcoin - It would enjoy all the main Bitcoin benefits, and NOT censor the usage of Bitcoin, yet they've specifically chosen not to do this, and instead chose the most invasive way forward.
YOU have the #Power. Use it.
It proves they own or have some control over the domain, and hence the website. The NIP-05 ID is linked (and actually resides on a nostr.json file) on a webserver reachable via that domain - Thus you have th beginning of a chain of verifiability. But the verification ability goes further than that.
https://b10c.me/.well-known/nostr.json?name=b10c - This is the link on their profile.
You can get they're pubkey in hex format from here.
npubs are usually read in the NIP-19 bech32 format, so if you take that that hex string and convert it into the NIP-19 bech32 format (many nostr pub key converters around) you'll get the npub address that's displayed on their nostr profile.
their*
It proves they own or have some control over the domain, and hence the website. The NIP-05 ID is linked (and actually resides on a nostr.json file) on a webserver reachable via that domain - Thus you have th beginning of a chain of verifiability. But the verification ability goes further than that.
https://b10c.me/.well-known/nostr.json?name=b10c - This is the link on their profile.
You can get they're pubkey in hex format from here.
npubs are usually read in the NIP-19 bech32 format, so if you take that that hex string and convert it into the NIP-19 bech32 format (many nostr pub key converters around) you'll get the npub address that's displayed on their nostr profile.
Just like there will only ever be #21million #bitcoins, there will only ever be a total of 32 halvings - This isn't even a 'once in a lifetime' thing, THIS IS IT.
The #Halving is a cause for celebration - Bitcoin works, and it's not stopping. It has a mission and it's completing it every 10 minutes.
See y'all on the other side, as we press on to deconstruct this feeble facade of a system that's turned against us.
"Halving the supply" is a big fail.. A lot of people are going to misinterpret that.
Halving the the rate of issued supply would've been much better.
Lightning coming soon! Currently planned for Q2 2024.
Know someone looking to buy their first #Bitcoin?
Show them #Bisq2!
Safe, secure and private built on the learnings from the original Bisq.
Built from the ground up, a new #decentralised #P2P exchange (DEX).
Deposits no longer necessary for trading with Bisq Easy, so ANYONE can now onboard to Bitcoin using Bisq.
Happy to eat my own words - Bisq2 is out in Beta, built from the ground-up. Very promising.
SEC eyes #Uniswap with lawsuit.
Let's see how decentralized Uniswap actually is...
Spoiler Alert: Uniswap Labs says 'uh-oh'.
This... Perfectly encapsulates Ethereum as a shitcoin.
https://video.nostr.build/61903c376886329cfe497f8efbd616ca035b57b17809b21e5868802ec55896c6.mp4
Yes, this is a real video created by the SEC and shared by Gary Gensler… https://v.nostr.build/7GAqg.mp4
Prelude to a CBDC announcement by suggesting the "Central Plumbing" overseeing for general markets.
And the people?
As Legarde would say, "It will come... It will come."
The point of no return approaches...
What will you do?
I'm on the fence between noStrudel and Coracle.
High quality stuff abound on nostr, even what's just considered experimental.
PSA
No, Invidious instances are not working.
Yes, a fix is being worked on.
#noStrudel
The #Nostr verse in your hand.
