Not everything is about the money - Even if temporary, pointing your hashrate elsewhere sends a message.
Small solo miners pick their own TX template, and are obviously free to do so.
Most pooled miners may not even be aware of what templates they use but if they understand the importance of mining decentralization, staying on other pools actively says you're ok with censoring TXs - Because let's be clear, TXs that actively price out the majority by huge amounts when they could perfectly do so in a bulk state over time, is censorship.
The fact that most mining pools also share the same payout custodian is also dangerous for any miner.
Regarding the 1 mil sat payout rule, I could say long-time-preference and upcoming Lightning are things to keep in mind, but truth is this is happening right now. I'm happily forgoing my would-be current rewards because at this stage I find keeping mining healthy to be more important - I can wait for the rewards. Many may not be able to do so, but many others may be.
Uxellodunum
npub14u…tgg48
2024-04-20 14:58:59
in reply to nevent1q…86ld
Author Public Key
npub14un6d98pa48kleqjjqfe5jqekxpdcwd7lkwc2hm3s2z4gmd60j8sstgg48Published at
2024-04-20 14:58:59Event JSON
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"created_at": 1713625139,
"kind": 1,
"tags": [
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"content": "Not everything is about the money - Even if temporary, pointing your hashrate elsewhere sends a message. \n\nSmall solo miners pick their own TX template, and are obviously free to do so.\nMost pooled miners may not even be aware of what templates they use but if they understand the importance of mining decentralization, staying on other pools actively says you're ok with censoring TXs - Because let's be clear, TXs that actively price out the majority by huge amounts when they could perfectly do so in a bulk state over time, is censorship.\n\nThe fact that most mining pools also share the same payout custodian is also dangerous for any miner.\n\nRegarding the 1 mil sat payout rule, I could say long-time-preference and upcoming Lightning are things to keep in mind, but truth is this is happening right now. I'm happily forgoing my would-be current rewards because at this stage I find keeping mining healthy to be more important - I can wait for the rewards. Many may not be able to do so, but many others may be.",
"sig": "beaa4ff6832c915749c97225de068852fdbed420a6385475c5237530c5a926c27632022ad8ce4c82276b665e2af836d83a0a53bc2272ce60c9fe8d8736aec93b"
}