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Why are more "hashers" not switching to OCEAN? They aren't big enough to pay out quickly enough yet?
75 sats \ 0 replies \ @k00b 11 May
afaict three reasons:
  1. OCEAN uses a payout system that's similar to PPLNS which has relatively high payout variance relative to PPS/FPPS (which small pools can't provide because it's very risky/expensive), and big miners want less variance all things being equal
  2. To mine on OCEAN, you also have to run a bitcoin node so that you can build templates (which is a good thing), but more friction = less customers
  3. The pool is relatively young and network effects are in play
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OCEAN is virtue signaling and hiding that miners who spamfilter are free riding on miners who don't. anti-censorship, but not anti spam, is the future of bitcoin:
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