Oddbean new post about login | logout As announced at the #FutureOfBitcoinMining conference, I have relaunched my Eligius mining pool to help bring more decentralization to #Bitcoin mining. I am calling it OCEAN @OCEAN https://www.prnewswire.com/news-releases/jack-dorsey-leads-seed-round-in-support-of-oceans-mission-to-decentralize-bitcoin-mining-globally---announces-launch-at-future-of-bitcoin-mining-conference-301999073.html?tc=eml_cleartime
Fuck off Luke you’re a POS the community doesn’t need you. Too bad @jack doesn’t see this and keeps funding your projects
What has you built for Bitcoin?
nothing hes just an edgy bro who zaps and likes his own comments xD
Think you need to get back on X
Looks like it has promise. Elephant in the room, are inscriptions, ordinals, and the other spam filtered in the current state?
Be careful, apparently asking basic questions about how things operate will get you blocked
Im mining to the pool right now :D thank you for your work
Verbal diarrhea
That @jack supports your crap is outstanding
Good luck with it Luke, really hope this builds into something very positive in the mining area. I’m sure there’ll be loads of issues to iron out but wish you all the best 🤙🔥
Congratulations! Don't remotely understand how the direct payments work, but very cool idea if it does.
🍀🫂💟💟💟 esto es muy bueno nostr:nevent1qqsyf0fms6rv9m8a6zz9xjersage8mxeag240gvdlavzwa6rvj09cacpp4mhxue69uhkummn9ekx7mqzyr7at68k4cxms9a7pdca5gzf3svqd95d3fj9j4vuyj0nyta8x3j2wqcyqqqqqqgzt5pts
It was very Easy to join. I see the pool has grown to almost 300PH. Around what level does this need to get before we have a reasonable chance of finding a block? Can you please explain the “promotional bonus”?
At 300, it's about 11 days between blocks on average (likely a bit shorter in practice) Normally a block reward is split across the past 8*difficulty work performed. But that much work hasn't been done yet, so early miners would get a higher payout for a while
What do you mean by "past 8*difficulty) ?
The expected work to find 8 blocks
Fantastic. What’s the payout threshold?
Currently 10 TBC (0.01048576 BTC) Planning to make it configurable
Don't use Stratum V2. Create a new one using ephemeral nostr events and call it THE NOSTRATUM
🤔
Is it open source?
Only part right now. Hopefully the rest eventually
Is this a joke about me keeping hope that I can eventually resurrect the parts of my beloved Osiris again bc it’s not funny, Luke Eventually and hope… much prefer “we are actively alchemizing a complete open source awakening” <sending you healing energy and love for the transcending move from partial to whole in the near future>
Are you gonna use StratumV2?
TBD but very likely
Thanks for your service to humanity again by gifting the world with free software. Question I have is would you publish a list of DIY mining hardware that also contributes to the free software spirit and tradition that's not propietary and gate kept so average users can pickup assemble and join your Ocean mining pool?
Why are you blocking people who are asking valid questions requesting clarity about the details of how your mining pool will operate? You blocked Seth for Privacy for asking basic and straight forward questions that we all would like answers to. Those are not the actions of someone who is trying to accomplish the goals you claim to have. Do better.
Maybe this helps? nostr:nevent1qqsyf0fms6rv9m8a6zz9xjersage8mxeag240gvdlavzwa6rvj09cacpp4mhxue69uhkummn9ekx7mqzyr7at68k4cxms9a7pdca5gzf3svqd95d3fj9j4vuyj0nyta8x3j2wqcyqqqqqqgzt5pts
Luke! Hope all is well!! Extending an invitation for you to come speak on @Nostr Nests for 1hr or so, lots of nostriches have questions n feedback! 👀 Dm me if interested!
Nice. Same simple setup as before? Point the miner to the pool and use BTC address as username? I mined on Eligius 10 years ago, everything was great then.
Yep. But better website and plans for major improvements beyond that
