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I ignored this initially because the announcement blog was so loud with AI noise, I couldn't read more than a few words. The pool's website is cool though, and they have a creative payout structure.
The pool makes no money, pro-bono or its just promotional I guess, but the runner perhaps has enough hash that they are happy to just reduce their payout variance.
The payout is the most interesting thing to me - it's like a combination of lottery mining and PPLNS (afaict ... they don't really delve into it if you know what I mean):
Parasite’s coinbase logic hands 1 BTC to the block finder, splitting the rest (2.125 BTC plus fees) among non-winners via Lightning. Small rigs top the hierarchy, exposing legacy pools’ bias toward corpos.
Creating mining pools is cool again I guess.
this territory is moderated
50 sats \ 0 replies \ @OT 13 May
I might wait for them to find a block first to see if the payout is what it says.
I like the website too!
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