You can only pay out to a small number of addresses in the coinbase. This is not a limitation of bitcoin, it is a limitation imposed by firmware or possibly pool software. I'm trying to get more concrete information now.
I know OCEAN (nprofile…fd7j) had to stay within this limit and that directly informs their minimum on-chain payout amount.
Worth stating out loud that these limitations only benefit incumbents to the industry. They hold back the entire bitcoin ecosystem. For bitcoin to achieve it's full potential we need to eliminate these practices with prejudice.
If we activate CTV we can remove this limitation. By my count this would be the second soft fork that kills an anticompetitive practice abused by Antpool.
vnprc
npub16v…umhgd
2025-03-12 14:52:33
in reply to nevent1q…g72e
Author Public Key
npub16vzjeglr653mrmyqvu0trwaq29az753wr9th3hyrm5p63kz2zu8qzumhgdPublished at
2025-03-12 14:52:33Event JSON
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"pubkey": "d3052ca3e3d523b1ec80671eb1bba0517a2f522e195778dc83dd03a8d84a170e",
"created_at": 1741791153,
"kind": 1,
"tags": [
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"content": "You can only pay out to a small number of addresses in the coinbase. This is not a limitation of bitcoin, it is a limitation imposed by firmware or possibly pool software. I'm trying to get more concrete information now.\n\nI know nostr:nprofile1qythwumn8ghj7ct5d3shxtnwdaehgu3wd3skuep0qyt8wumn8ghj7etyv4hzumn0wd68ytnvv9hxgtcqyqpdnat8dlluxw0la9xl4vuta03pecghcmc4p8vey25z6320ggx6ydvfd7j had to stay within this limit and that directly informs their minimum on-chain payout amount.\n\nWorth stating out loud that these limitations only benefit incumbents to the industry. They hold back the entire bitcoin ecosystem. For bitcoin to achieve it's full potential we need to eliminate these practices with prejudice.\n\nIf we activate CTV we can remove this limitation. By my count this would be the second soft fork that kills an anticompetitive practice abused by Antpool.",
"sig": "cb0246beba3a4fac4b32b32356bcb9b45ced539564499c36f84c45fad5785ed0639e5a876e8424bc7ad2de7c718578e05c77b116afd6bd494a5d9d4e16df1444"
}