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23 sats \ 6 replies \ @gnilma 6h \ on: Bitaxe Finally Arrived bitcoin_Mining

True gamblers solo mine on Public Pool, go big or go home. I got my Bitaxe back in June, mined with Braiins pool for a few weeks but switched over to solo mining after that. I was getting about 49-50 sats per day during my time with Braiins. Report back on how many sats you get per day with Ocean?

I was receiving mining rewards via lightning by lnurl with Braiins. Also the payment threshold can be set if you don't want do receive payments everyday. I think I set it to 1000 sats.

I just went to Ocean's site and saw that they use BOLT12 offers for their lightning payments. To generate a BOLT12 offer, I think the most straight forward was is to have a lightning node running Core Lightning, as LND still don't support BOLT12.

I didn't find the fan that loud, but then again, I'm keeping my Bitaxe in the basement where we only got for laundry and console gaming.

11 sats \ 5 replies \ @Undisciplined OP 6h

I'm thinking about moving it out to the garage, but mostly because it's cooler out there.

I probably will end up solo mining. I wanted to see if I'm receiving sats first, as a test of whether I set everything up correctly.

35 sats \ 4 replies \ @gnilma 6h

If you don't have lightning payments setup, it will be a long time until you reach the on chain threshold. And even then, you have to deal with a small UTXO, which also sucks. I think if you're pool mining at home with very low hash rates, lightning payout is the only reasonable route.

11 sats \ 3 replies \ @Undisciplined OP 6h

That makes sense. I'll look into receiving the lightning payments first and then switch over to solo mining.

26 sats \ 2 replies \ @gnilma 6h

You don't have to worry about lightning payments if you go solo, as 3.125+block fees btc is a big fat UTXO and probably won't be able to be routed over the lightning network. If you ever solo mine a block, I think you can only receive the reward on chain.

11 sats \ 1 reply \ @Undisciplined OP 6h

I'd imagine so. I don't have anywhere near that much inbound liquidity.

26 sats \ 0 replies \ @gnilma 5h

Even if you have enough inbound liquidity, you probably wouldn't be able to find a route. We're talking over 312.5 million sats. Typical channel sizes are a few to tens of million sats.

Also, I don't even think the protocol allows for lightning payments when solo mining. Coinbase transactions (the block reward tx, nothing to do with the exchange) are always done on chain.