BitcoinAlchemist on Nostr: Hedging hashrate reduces Bitcoin mining pool block reward variance. This chart shows ...
Hedging hashrate reduces Bitcoin mining pool block reward variance.
This chart shows the expected earnings of a pool if they bet against themselves every block for one difficulty epoch.
By hedging hashrate every block, pools reduce 2 standard deviations of risk to less than 1.
Published at
2024-07-15 09:21:37Event JSON
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"tags": [],
"content": "Hedging hashrate reduces Bitcoin mining pool block reward variance.\n\nThis chart shows the expected earnings of a pool if they bet against themselves every block for one difficulty epoch.\n\nBy hedging hashrate every block, pools reduce 2 standard deviations of risk to less than 1.\nhttps://m.primal.net/JRXD.png",
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