pull down to refresh
7 sats \ 3 replies \ @EverythingSatsoshi 20 Jan \ parent \ on: How to set up BOLT12 Lightning payouts for OCEAN with Coinos bitcoin_Mining
TIDES is the payout mechanism Ocean uses, it's the first docs shared above, it explains the moon math behind the fairest and most transparent payout systems in bitcoin.
Once you get the math, you immediately detest FPPS & PPLNS.
Ocean has hacked the centralized warfare that was supposed to doom bitcoin.
If you mine, find out your pools total has rate, how many blocks they find in a day, week and month, and how much you were compensated. Then compare that with the actual reward from the blocks your pool found. Once you see it, you can't unsee it.
Plus, it's also non-custodial.
Absolute genius protocol
Interesting. Quite a long read, and I'm not so much a math guy (although I do appreciate it for sure) so I'll do my own due diligence.
So for as long as I am pointing my miner to the Ocean pool, I benefit from TIDES?
Here's some screenshots of mine for my Bitaxe gamma
reply
you benefit from it, yes.
The fairest payout system in bitcoin's history, non custodially as well.
reply
Awesome, thank you for your. help I appreciate it. Still learning all the nuances.
reply