Post
Topic
Board Bitcoin Discussion
Re: Another solo miner with approximately 86TH solved a solo block
by
franky1
on 26/01/2022, 15:28:14 UTC
While I like this analogy, I think an alternative analogy that more closely matches would be to consider "pool" miners as those that are actual "employees".  They get paid their salary (or hourly wage) regardless of how much money they personally bring in for the business, and regardless of which employee in the company completes the job that all the employees are working on. An employee that works more hours will get paid more since he did more work, but everyone that works gets paid.  Solo mining with this analogy would be more like an independent contractor.  The contractee still assigns the jobs for the contractor to do, but the contractor only gets paid for the specific tasks that they successfully complete. The revenue that the contractor generates for the contractee is not shared among any other employees of the contractee nor any other contractors that the contractee may have contracts with. Some contractors may choose to go out and find jobs independently, others may rely on a service to find the jobs for them (and will then have to pay a small fee for that service), but in either case, they only get paid for the specific tasks that they successfully complete

your mindset is solo rewarding rather than share rewarding. ..
solo MINING is about management of the MINING WORK

also the pool is the business that has employees(workers) its not that a pool is the worker..
so dont try mixing metaphors.

a business with employees where the manager sets the work for the employees is a pool

a self employed worker with no boss telling him what to do and no one to be accountable to is solo

i know you now want to add in a new paradigm of a contractee contractor. but CK is not a contractee.. as his stratum is the same management system as a pool. all that changes is the reward share. being CK 2% worker 98% instead of CK 100% 0% worker, then negotiate share separately.

the WORK management for ck pool and other pools is the same. all thats different is the pay structure

solo vs pool MINING is about who manages the MINING the secret is in the word mining
solo rewarding vs share rewarding is about the payout rate. not the mining task

different pools have different pay schemes. changing the pay scheme does not mean a miner is suddenly a solo miner