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4 sats \ 7 replies \ @denlillaapan 3 Oct \ on: ArkPool - Bitaxe Mining Pool & Hourly Ark Payouts bitcoin bitcoin_Mining
This is pooled hashpower, not a solo-mining lottery or a guarantee of profit
Seems like it could be a fun way to do Bitaxe mining.

Ok, but why? We have functioning pools. What does this do that regular pools don't...?

Basically:

What am I missing?

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247 sats \ 6 replies \ @PiHiker 23h

The main benefits are hourly Ark payments and a stack built around miner security and privacy.

Eligible payouts start at 1 sat, making it practical for small home miners. Mining traffic goes over Tor, keeping your public IP hidden from the pool. No account signup.

The gateway also includes dual Tor connections for redundancy and automatic circuit recovery to keep the connection reliable.

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106 sats \ 5 replies \ @denlillaapan 23h

OK, so basically: 1) lower transaction cost, 2) better/higher privacy?

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4 sats \ 4 replies \ @PiHiker 22h

Fast hourly payments, 1 sat min.

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106 sats \ 3 replies \ @denlillaapan 22h

Ok, but pools do daily. What's really the benefit of getting hourly payout from a Bitaxe? (You're gonna end up fixed at around 1 sat per hour, anyway)

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106 sats \ 2 replies \ @PiHiker 20h

It's not a fixed amount, hourly payments have been 1-3 sats for a Bitaxe 601.

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114 sats \ 1 reply \ @denlillaapan 20h

Okay, once again: Whats the point?

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142 sats \ 0 replies \ @anon 16h

I think the point is private mining and hourly payouts using ark rail. Not aware of other pools doing this.

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