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Ask SN: What can mining pools do for better privacy of their users?
478 sats \ 10 comments \ @nullcount 24 Oct 2022 bitcoin
Mining is a great way to stack No KYC. However, your pool knows a lot about you and your funds. It's good practice to CoinJoin your pool payouts. But, pools themselves could allow their workers better privacy options. Which of the following features should pools implement to have the greatest effect on privacy?
Enable LN payouts19.2%
Implement Stratum V261.5%
BIP47 Payment Codes (PayNym)15.4%
Nothing, just CoinJoin3.8%
Other (comment below)0.0%
26 votes \ poll ended
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206 sats \ 0 replies \ @tomlaies 24 Oct 2022
LN payouts are pretty cool but I think they should also come with lower minimum payout or more flexible payout which reduces the trust needed.
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190 sats \ 2 replies \ @DeezSats 24 Oct 2022
What do pools know about their workers besides payout addresses?
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100 sats \ 1 reply \ @Tenuki 24 Oct 2022 freebie
Probably IP address as well
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100 sats \ 0 replies \ @DeezSats 24 Oct 2022
Don't ever connect without VPN. This is true in general for anything. That said, it only takes once, so yeah it's a fair point.
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100 sats \ 3 replies \ @nullcount OP 24 Oct 2022
What advantages does Stratum V2 provide from a privacy perspective?
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100 sats \ 1 reply \ @031b9bc746 24 Oct 2022 freebie
The miner can build the transaction block rather than the pool operator
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100 sats \ 0 replies \ @k00b 24 Oct 2022
I'd classify that more-so under censorship resistance for the txs.
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150 sats \ 0 replies \ @k00b 24 Oct 2022
I'm not sure it does much to increase the privacy of miners from the perspective of the mining pools. AFAICT, the address privacy appears to remain the same.
However, it does prevent eavesdropping on the communication between pools and miners: https://braiins.com/stratum-v2#man
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0 sats \ 1 reply \ @nullcount OP 24 Oct 2022
Receiving on LN is less private than sending. Still better than onchain IMO.
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0 sats \ 0 replies \ @DeezSats 25 Oct 2022
Nothing wrong with receiving on chain if you throw it in a mixer before combining with any other coin.
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