BTW getting connected to @OCEAN mining was the easiest thing ever. You don’t even make an account, you just punch in their URL into your miner and use a bitcoin address in your username field… then reboot.
Literally that’s it
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Isn't that the same for all pools? That's the only way I've ever connected to a pool.
They’re the best
I only used Braiins and I had to make an account. I mean it only took an email, but I did have to go to the site.
I admit to not having used a bunch of different ones to compare though.
other pools require accounts, and fundamenatlly they pay people, not addresses.
ocean pays addresses. doesn't matter who or what is actually mining to them.
Sounds like the ideal way to go about it
ehash sounds cool but I can’t see how you can deal with block withholding attacks in that scheme. Do you agree?
Can I just buy a #BitAxe plug it in and punch in the URL + BTC and voila it works? @Guy Swann
💯
Respect 2da Ocean Massives! My hash to pointed 2 ya… not just for the payout but truly for the principle
this is the way
✊🏼✊🏼✊🏼
👍
@Guy Swann like = yes?
Yeah that’s not really better. There are a ton of trade offs in this UX model. Accounts make operations quite a bit easier if you have more than 5 miners.
Pay a bonus to the winning share that finds a block. In a PPLNS payout system this changes the cost of a block withholding attack from 50/50 pool/attacker to >50% cost to the attacker. Scale the size of the payout to your liking.
This is preferable to more heavy handed monitoring schemes because it doesn't compromise privacy or require undue protocol complexity.
Doesn't work for FPPS because FPPS sucks. It is dangerous to all of bitcoin and we must stamp it out.
Come see my talk at @btcplusplus Austin in May to learn more.
> this changes the cost of a block withholding attack from 50/50 pool/attacker to >50% cost to the attacker
This is incorrect, but concise. The cost to block withhold attack a PPLNS pool is exactly in line with the hashrate used to make the attack. In other words if an attacker uses 100 TH/s in a block withholding attack, they cause themselves and the pool an equal amount of damage. All miners lose out on the potential rewards of those 100TH, but so does the attacker. Meanwhile, the pool continues to pay out rewards to the attacker as if that 100TH/s was mining honestly.
If the pool pays an extra 5% to the share that wins a block, now the block withholding attack costs the attacker 5% more and the victims 5% less.
So why can i not send you Zaps here on primal i wonder.
Thank you for the explanation! I will make sure to check out your talk.
FPPS delenda est!
You do good.
@OCEAN I believe y'all could build this today. Something to keep in mind if your luck suddenly takes a dive. 
Imagine explaining this to 2017 era miners. They’d cry tears of joy. 😭Ocean is out here doing the Lord’s work. #SimplifiedMining
beautiful
block withholding has nothing to do with payout scheme. it doesn't stop being a problem for miners if pools guarantee payouts a la FPPS
This is still wrong. What matters is the proportion of attacker hashrate to honest hashrate. In pure PPLNS an attacker forgoes rewards directly porportional to this ratio. By giving the block winning share a greater reward you can put your thumb on the scale.
I’m doing my part 🫡 
I get that. I was not referring to payout but to the anonymity of ehash.
Truth… I got into a dreadful panic thinking about it but when actually got hands on it was like ‘how clean and simply is this’. Makes home mining permissionlessly accessible!
Luv it!