Why Nostr? What is Njump?
2024-07-15 09:21:37

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.
Author Public Key
npub1u8r69esh5r7jt29nj9ufmz4yvuwp6cwl5xqp4e3d46vl8wla5smsexjcky