Miners at Ocean produced a record number of blocks that signal for bip110 this month
redblocks.supertestnet.org
Super Testnet
npub1yxp7...399s
Open source dev w/ bitcoin focus | supertestnet.org
bc1qefhunyf8rsq77f38k07hn2e5njp0acxhlheksn
Ocean is now a top 8 mining pool
- more miners are discovering how to make their own block templates
- and that Ocean pays out more than other pools, since it has lower admin fees
- plus they offer LN payouts
- and, for large miners, coinbase payouts
Yesterday after the second AI Hack for Freedom in Nashville, I found a group of 20 bitcoiners at a bar that doesn't accept bitcoin. I convinced 8 of them to join me in a mutiny and we all went to Steak n Shake. It was awesome. Hey merchants, when bitcoiners unite, we are mighty!
I officially confirm that this person is fun:
@thesimplekid
Interesting table with respect to lightning adoption and Visa/Mastercard. It keeps getting easier to live off of bitcoin via lightning if you're okay with using one or more of these companies as a middleman.
Usually, Japan's government steps in about now to lower this number, mainly by selling US treasuries. But I think their "outflow" of US treasuries has exceeded their "income" of the same for a while now. I wonder if they can keep it up, or if they have to let inflation run hotter
My latest essay analyzes a surprising thesis: hashrate markets are theoretically more efficient than pools
Gist
Hashrate markets are theoretically more efficient than pools
Hashrate markets are theoretically more efficient than pools - hashrate_market_efficiency.md
How it started:
"Lol only 0.2% of hashrate is available for rent, the bip110 people can't possibly rent enough to punch this through"
How it's going:
Due to unprecedented demand, hashrate markets are expanding the amount of hashrate available for rent
