bostonwine on Nostr: Hey Rigly what’s this new “fixed return mining” option I see? Basically ...
Hey
Rigly (npub1t6e…3scu) what’s this new “fixed return mining” option I see? Basically fronting sats to a miner, and earning their rewards for a little discount?
How do you account for potential changes in difficulty level? Is it a fixed sats return “however long it takes”? Or “earn as many sats as they mine in X time”?
I can imagine the latter being a bit of a risk in a bull run, if a significant amount of new hash comes online after you’ve paid… suggesting that the final days of a bill (before miners start turning off) would be the optimal time to get in on this.
Thanks in advance 🫡
Published at
2025-04-03 23:29:55Event JSON
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"pubkey": "a80455732d5bfa792f279011a8c871853182971994752b9cf1169611ff91a578",
"created_at": 1743722995,
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"content": "Hey nostr:npub1t6el40knsq8hmrpr0m6tt3t0tr4pdeyhlt2qelwhgtwawddqx0xsv03scu what’s this new “fixed return mining” option I see? Basically fronting sats to a miner, and earning their rewards for a little discount?\n\nHow do you account for potential changes in difficulty level? Is it a fixed sats return “however long it takes”? Or “earn as many sats as they mine in X time”?\n\nI can imagine the latter being a bit of a risk in a bull run, if a significant amount of new hash comes online after you’ve paid… suggesting that the final days of a bill (before miners start turning off) would be the optimal time to get in on this.\n\nThanks in advance 🫡",
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}