🍊⚡adam sandals on Nostr: As seen in OCEAN's second block found, the coinbase generated subsidy and fees were ...

As seen in OCEAN (npub1qtv…7dze)'s second block found, the coinbase generated subsidy and fees were awarded directly to miners who met the threshhold for immediate payment. My understanding is that these coins still have to wait 100 confirmations before they can be spent.

This is different from how Braiins would distribute their coins, as all coinbase rewards would go to one address, and then payments would be made based on payout settings configured by individual miners.

Once lightning payments are enabled, this will further reduce OCEAN (npub1qtv…7dze)'s custody of coins to almost zero. With stratum v2 implementation, block templates will be created by individual miners, who can decide for themselves which transactions will be included in a block. Stratum v2 also improves the network in many other ways, including encrypted communications by default. This all adds up to positive steps forward for #Bitcoin mining.

Shout-out to Braiins for all the work they've done in the space since the early days, including creating stratum v2.

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