calle 👁️⚡👁️ on Nostr: Check out Nutminer – a crazy invention by Semisol Nutminer is a difficulty-adjusted ...
Check out Nutminer – a crazy invention by
Semisol (npub1226…grkj)Nutminer is a difficulty-adjusted proof-of-work based Cashu faucet that emits a constant rate of tokens, no matter how many people use it! How? The miner runs in your browser and produces hashes that are submitted to the backend. The more people use it, the higher the difficulty – just like with Bitcoin mining. If the PoW matches the difficulty, you get an ecash nut which you can cash out on Lightning!
Think of the bigger picture here. You can think this as a proof-of-concept of what an ecash-based mining pool would look like: Bitcoin miners do not need to reveal their mining rewards to the pool. Instead, they can accumulate ecash representing their reward and cash out anonymously. More privacy for miners!
Try it out and crack some nuts:
https://nutminer.semisol.dev/Amazing work
Semisol (npub1226…grkj)! Note: Every sat zapped on this note will go directly into the faucet!
Published at
2023-05-14 17:56:21Event JSON
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"content": "Check out Nutminer – a crazy invention by nostr:npub12262qa4uhw7u8gdwlgmntqtv7aye8vdcmvszkqwgs0zchel6mz7s6cgrkj\n\nNutminer is a difficulty-adjusted proof-of-work based Cashu faucet that emits a constant rate of tokens, no matter how many people use it! How? The miner runs in your browser and produces hashes that are submitted to the backend. The more people use it, the higher the difficulty – just like with Bitcoin mining. If the PoW matches the difficulty, you get an ecash nut which you can cash out on Lightning! \n\nThink of the bigger picture here. You can think this as a proof-of-concept of what an ecash-based mining pool would look like: Bitcoin miners do not need to reveal their mining rewards to the pool. Instead, they can accumulate ecash representing their reward and cash out anonymously. More privacy for miners!\n\nTry it out and crack some nuts: https://nutminer.semisol.dev/\n\nAmazing work nostr:npub12262qa4uhw7u8gdwlgmntqtv7aye8vdcmvszkqwgs0zchel6mz7s6cgrkj! Note: Every sat zapped on this note will go directly into the faucet! ",
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