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#miningpool — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #miningpool, aggregated by home.social.

  1. So, I’ve been mining #bitcoin. Weird thing to say on mastodon.green, I know. Then again, I did it before I was a member here or, indeed, before Mastodon was even invented.

    Back at uni, we had a 3D lab (which implies that the others labs had just two dimensions, which they hadn’t, but maybe they had four and I just didn’t notice) with some pretty beefy hardware. Using a #miningPool I gained a miniscule fraction of a coin, which I promptly forgot about.

    It is now worth €650! 😳

    #cryptocurrency

  2. 🧑‍🏭JUST IN: #AntPool surpasses Foundry USA in the #Bitcoin block discovery race, in both the 24-hour and the 3-day time frames.

    ✍️ finbold.com/antpool-is-now-the

    AntPool is owned by #BitMain, the leading ASIC manufacturer. Having mined over $20 million in #BTC in the last three days.

    #BitcoinMining #miningpool #blockchain #crypto #cryptocurrencies

  3. @FranckLeroy
    What we *will* say is that bitcoin is not a payments network.

    We anticipate that it will operate like a "#savings" account. Every few years a person may need to #atomicSwap funds from #bitcoin to another currency that indeed does use some techniques to limit the mining pool and do some other neat stuff for fast, frequent payments.

    But it will still be #proofOfWork. It will just do some fancy stuff to limit the #miningPool. Yes, it out there.

  4. @lain
    #LightningNetwork or #AtomicSwap into a different crypto every few years, if needed?

    We ask because we learned of a crypto that reduces the #miningPool randomly by assigning miners with an identity/reputation. Sounds very promising, and might allow a more liquid experience. Bitcoin = layer one powered by underfloor heaters in homes. This other crypto handled by enthusiasts, shops etc. With a very solid internet connection/backup that cannot be cut w/o economic damage.

    Its a thought.