GigaBTC 🌽⚡️🔑 on Nostr: Yes, a chicken and egg scenario. I am a perfect example of the dilemma; I would love ...

Yes, a chicken and egg scenario. I am a perfect example of the dilemma; I would love to mine with Ocean, however they have not found a block since before the halving. I pay my electricity costs from mining rewards and payouts that are less predictable introduce more risk into an already risky business. Larger miners with more Bitcoin in their treasury could theoretically mitigate this risk, however publicly traded industrial miners have little incentive to do so. This leaves miners who are somewhere in the middle and that is where Ocean’s hash is coming from in my opinion. It’s beautiful, but in the current environment not realistic for a lot of miners.