Replies (74)

OT's avatar
OT 2 years ago
Congrats
Current hashrate on mempool.space is 455,300 PH/s (455.3 EH/s). Compare that to current hashrate on Ocean (314.3 PH/s). That represents about 0.069% of total hashrate which translates into the pool finding a block on average every 10 days. You are correct, this is very lucky, but not out of the realm of possibility.
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szarka 2 years ago
No, seriously, though. Why are the stats so slow to update? Or is it just mine?
Anything can happen with probabilities. Just thought it was a lot more amazing with my screw up on conversion. Well great for OCEAN to have that much if % of the hash already. Was thinking that's the big hurdle is to get over the .5% hash rate to make it attractive to more miners and bump over the viability threshold. Much closer to that than I thought. Maybe these first two are a little gift from Satoshi to get the ball rolling!
Haha's avatar
Haha 2 years ago
👍👍👍👍👍👍👍
MODUSCUNTO's avatar
MODUSCUNTO 2 years ago
Great start, I wish you all the best with your endeavours!
mages1ul's avatar
mages1ul 2 years ago
Did ya! That's great!😄☕👍.
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szarka 2 years ago
Nope. The larger Ocean gets, and the more it mitigates the effects in its blocks, the more fees it will leave on the table for other pools. And once individual miners are building their own blocks via Stratum V2, I'd expect that many will choose to maximize fees even on Ocean. The incentive to spam-filter isn't the same for miners as it is for SMTP servers.
I thought that most of the mempool is clogged up with low-fee ordinals/inscriptions/BRC-20 token degen gambling speculators. That’s crowding people who actually want to use the network out of a low fee environment into a high fee environment. If OCEAN enforces a filter against that, the number of their low fee transactions sitting in the mempool will increase. Some might get frustrated and just stop, but those that remain will have to pay a higher fee for the non-Ocean pool to take their transaction. The higher fee environment may further erode speculation. StratumV2 isn’t going to help them unless they up their fees. Unless I’m wrong.
If I understand correctly, I believe the correct term would be "One of us"? One of us found another block.