BoringBTCNYB's avatar
BoringBTCNYB 11 months ago
No, that’s misinformed. There are a number of reasons that make ocean not super appealing as a large scale miner. When all of your obligations are in dollars, it makes a lot of sense to liquidate then buy in separate transactions for the sake of accounting. Maybe not the most efficient, but it’s not your sats. If you’re mining on Ocean enjoy the extra fee revenue if you happen to hit a block.

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It's not misinformed. The point I'm making is they DON'T want it straight from the blocks themselves. Which is being a Bitcoin miner but not liking the Bitcoin payout. Which is weird to me. That's the only point I'm trying to make. You're part of a system but don't like the way the system pays you, so you so accounting magic instead. This is why they go for the compliance bullshit instead.