Pleb Miner Monthly

Episode 13

 

 

Holiday greetings from the Pleb Miner Mafia and the Ungovernable Misfits!

 

Thank You to Yooper for his wonderful holiday greeting!

 

Statistics brought to you by Lincoin Mining. 

 

This episode was recorded very early in December, the show notes will contain more recent statistics

 

Lincoin Mining is a pool, an ASIC management hub, and energy trading platform. Ask about bundling services.

 

Statistics Summary 

Global Hashrate 30 MA - 499 EH/s 

Other Mining pools of note: Foundry – 144 EH/s, Antpool 135 EH/s, F2 Pool 62 EH/s, CK Pool-134 PH, and Kano-18 PH. 

Hash Value – 303,109 sats per/PH/day ~ $128 Big numbers 12/15 & 12/16

Network Difficulty – 67.31 Trillion 

TX fees/block reward – Great numbers since early November. Highlights of December include: 12/5-32.63%, 12/13-37%, 12/14-47%, 12/15-62%

 

$115 million spent on BRC-20 $141 million on Inscriptions. The mempool is backed up and fees are high, but mining is profitable once again.

 

Stay up to date with Statistical research by visiting Lens.Lincoin.com

 

Boty didn’t answer our phone call, what’s up with him?

 

Bitesize Bitcoin

Sponsored by the Lake Satoshi Beach Retreat by Bitcoin101.io

The Lake Satoshi retreat is an inclusive event, welcoming individuals of all levels of experience with Bitcoin. With a focus on education, community, and fun; the retreat provides a unique experience for anyone interested in the world of Bitcoin. Learn from industry professionals or simply enjoy the lake. The annual Lake Satoshi Bitcoin retreat is an experience you won't want to miss. This is Pleb Culture and Community at its best. Please consider going now, before you make all of your summer plans.

 

Tickets can be purchased at LakeSatoshi.com

 

Bitesize Bitcoin is not so Bitesize in this episode, we got deep and hard. 

 

We break down the launch of Ocean Pool  

 

Diverter’s explanation of Luke Dashjr’s Knots and how it affects Whirlpool and BIP-47. Read it here on UngovernableMisfits.com

 

Uncomfortable truths of Bitcoin mining pools.

We can say there are only a few “primary pools” 

A primary pool should tick three boxes

1. Create its block template 

2. Own/control the coinbase transaction 

3. Sign the block (Could be optional)

 

Most FPPS pools are incapable of meeting these criteria.

Binance #4 with 53 EH

Luxor #6 with 17 EH

BTC.com #8 with 10.8 EH

EMCD #7 pool with 11.6 EH

Poolin # 12 with 5.4

Ultimus #17 with 1.85 eH

 

Are all just hashrate aggregators and  are many simply buying labels from antpool?

 

ACTION NEWS!!!

Sponsored by Clothing and Art on Ungovernable Misfits

 

Follow Alex for more mining ALPHA and to buy gear. 

 

The Bitcoin Bugle: Bitcoin's Water Usage by Richard Greaser Background music: Sepultura - Smoke on the Watewr

 

Miners Steal Electricity in Minnesota

 

What is a Co-op

 

Wrap Up

Merry Christmas Everyone! From Max, Jon, Mr. Crown, The Pleb Miner Mafia, and the Meshtadel. May the New Year bring you all health, happiness, and peace.