He is trying to give miners the power to generate their own templates, while at the same time incentivising them to remove spam by stepping away from the "Pay Per Share" model.
The PPS model requires funding in the lean times and thus takes a margin of their income. However, this model gives miners a guaranteed, but lower income.
Paying out on blocks mined gives a higher, but more erratic income, which requires miners to have better internal liquidity.
This is harder for miners to achieve, but ultimately a better way.
mike
npub1aq…c237n
2025-05-08 13:42:37
in reply to nevent1q…9vwu
Author Public Key
npub1aqakd28d95muqlg6h6nwrvqq5925n354prayckr424k49vzjds4s0c237nPublished at
2025-05-08 13:42:37Event JSON
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"created_at": 1746711757,
"kind": 1,
"tags": [
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"content": "He is trying to give miners the power to generate their own templates, while at the same time incentivising them to remove spam by stepping away from the \"Pay Per Share\" model. \n\nThe PPS model requires funding in the lean times and thus takes a margin of their income. However, this model gives miners a guaranteed, but lower income.\n\nPaying out on blocks mined gives a higher, but more erratic income, which requires miners to have better internal liquidity.\n\nThis is harder for miners to achieve, but ultimately a better way.",
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