Ocean does a lot of things different from most miners. They use PPLNS (tweaked and renamed TIDES) which makes payouts transparent and fair. You can mine directly to a bitcoin address (no account, no kyc).
Everybody is angry about censoring inscriptions. Big whoop, who cares? Y'all don't even like inscriptions.
I am genuinely confused by the coinjoin censoring. Why does whirlpool need an 80 byte op_return? (Apparently they don't.) Why does knots censor it? (Luke just stonewalls everyone on this point.) Seems like dumb decisions all around.
Overall, a kyc free mining pool with fair and transparent payouts is a massive win. Everybody else uses PPS which reduces miner payout variance and gives the pool full control over blocks and profits. Censorship is a big problem if all pools censor the same stuff. If they all censor different stuff it is not really a problem. Ocean is a net positive. With Sv2 the censorship will be a non issue.
vnprc
npub16v…umhgd
2023-12-12 13:43:35
in reply to nevent1q…rguh
Author Public Key
npub16vzjeglr653mrmyqvu0trwaq29az753wr9th3hyrm5p63kz2zu8qzumhgdPublished at
2023-12-12 13:43:35Event JSON
{
"id": "565c4450ced49674fcf5199c11e74d2092fbc1092545982049b831d4cf448c0e",
"pubkey": "d3052ca3e3d523b1ec80671eb1bba0517a2f522e195778dc83dd03a8d84a170e",
"created_at": 1702388615,
"kind": 1,
"tags": [
[
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],
[
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],
[
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],
"content": "Ocean does a lot of things different from most miners. They use PPLNS (tweaked and renamed TIDES) which makes payouts transparent and fair. You can mine directly to a bitcoin address (no account, no kyc).\n\nEverybody is angry about censoring inscriptions. Big whoop, who cares? Y'all don't even like inscriptions.\n\nI am genuinely confused by the coinjoin censoring. Why does whirlpool need an 80 byte op_return? (Apparently they don't.) Why does knots censor it? (Luke just stonewalls everyone on this point.) Seems like dumb decisions all around.\n\nOverall, a kyc free mining pool with fair and transparent payouts is a massive win. Everybody else uses PPS which reduces miner payout variance and gives the pool full control over blocks and profits. Censorship is a big problem if all pools censor the same stuff. If they all censor different stuff it is not really a problem. Ocean is a net positive. With Sv2 the censorship will be a non issue.",
"sig": "273483381277de018d9841cb39861f4055f72c0b3206c26aa5aa4c467fb1411cae53e01cd13a3176e6597cb9666f1d5649168abdb04850e7ac5435456cad7af7"
}