Oddbean new post about login | logout I earn about 50 Sats a day on @OCEAN I haven't bothered to setup a BOLT 12 address to collect yet 😂 I do it to help decentralise Bitmain from the pools, when @jack launches his miner, I will buy one to run in a data centre to help decentralise hardware manufacturers as well. I do this because of @GrassFedBitcoin explanation here: https://www.youtube.com/watch?v=Wo91DWvZRs8
Thanks, I'm looking at it in a similar way. I love to add some hashrate just from an idealogical standpoint as I believe in the decentralised nature ofBitcoin. I have read a bit or two about Ocean, I love how they operate. I'm leaning towards solomining and just let it run. Still beed to do more DYOR, kinda new to mining ;)
Ocean don't do any KYC. I wrote an article comparing solo mining to pool mining here: https://habla.news/u/mhardcastle@nostrplebs.com/1725912959496
Ocean don't do any KYC. I wrote an article comparing solo mining to pool mining here: https://habla.news/u/mhardcastle@nostrplebs.com/1725912959496 nostr.fmt.wiz.biz
Just one additional question nostr:nprofile1qqswswmx4rkj6d7q05dtafhpkqq2z42fc62s37jvtp642m2jkpfxc2cpz4mhxue69uhk2er9dchxummnw3ezumrpdejqz9mhwden5te0ve5kcar9wghxummnw3ezuamfdejsz9mhwden5te0dehhyarfwvhxummnw3erztnrdakspefym9 the #bitaxe is wifi only right? Not having access to 24h wifi signal is going to be an issue, are you aware a solution to connect it to a physical cable?
Yes, that’s correct. I would prefer a wired connection as it’s more reliable. I’m not aware of any workaround for this on the Bitaxe, but there are other home miners available. I’ve seen hints that @BTCsessions is currently looking at home miners, so I expect he’ll have a video soon with other options. I am aware Braiins make a home miner.
I noticed that too, the braiins BMM 101 does seem to draw more power at 40W. I will surely keep an eye on them. It would be ace if one of the many #BitAxe sellers offered a POE version too, imo there is a decent market for that :D
Agreed 👍
https://www.youtube.com/watch?v=QXonFfguymw
Watching the video, the Braiins is wired ethernet, but the energy efficiency is waaay worse than the BitAxe. It is showing on the video at 37 W/TH, this compares to what I see on the BitAxe at around 24W/TH. The Braiins seems to run at 1.5 X the speed of the BitAxe, but requires about 3 times the power.
Indeed
Some interesting things. Because Braiins use the controversial FPPS (Full Pay Per Share), @BTCsessions payout is less than mine, despite having 1.5 X the mining power and using 3 X the energy. He gets 43 Sats per day for 1.15 TH/s, I get around 50 Sats per day for 0.75TH/s If you haven't watched @GrassFedBitcoin video above, I would recommend. @OCEAN don't use KYC, they use Stratum V2, which gives back template control to the miners. And they don't use FPPS, which is a subsidised payout and one that often forces pools to receive loans from Bitmain when pool "luck" drops significantly below 100%.
you're not optimistic enough! you should be solo mining that thing!
I solo mine with a nerd miner 😂
okay perhaps too optimistic 🙂
I calculated the percentage change of winning a block solo mining here: https://habla.news/u/mhardcastle@nostrplebs.com/1725912959496 I warn you now, it's not good 😂
0.000000000000000000000000000000000000000000119426751592357% I like those odds! https://m.primal.net/LCdJ.png
I'm not sure about your numbers. I'm not smart enough to know these things off the top of my head, but it looks like your conversion from EH/s to H/s is off by a lot of zeros. According to a couple of hashrate converters, the current 581 EH/s is 581,000,000,000,000,000,000 H/s. Six commas vs the 18 you used. Am I missing something? I'm probably wrong.
To be fair, the odds are still shit even when compared to winning the jackpot in a lottery. My math shows that currently with a single 625 GH/s Bitaxe and 580 EH/s network hashrate, odds are something around 1 in 928,000,000.
Not zero then 😂
You're right! What a dumb ass I am. I have updated the article. Thank you 🙏
Not a dumbass at all! All these zeros are a lot, lol. You had the balls to put information out there and risk being wrong. That's not nothing!
I am in the UK, so would be difficult (only ships with Euro plug), but I already have a BitAxe which I've just been discussing here: It seems that the Braiins is more powerful, but less efficient. nostr:note15y4chrg4avlzat4xavr9jrev6s48vckrwzadu6lm40as0c70kxysvgjuwd
Thanks and I'm UK also. I'll keep looking.
Thanks and I'm UK also. I'll keep looking.
