Quote from: mikeywith on Today at 09:31:43 AM

Quote from: ETFbitcoin on October 23, 2023, 09:23:20 AM

I also agree with idea of P2Pool (which is decentralized pool). While i expect it'll never be very popular due to full/prune node requirement and creating many small UTXO, P2Pool on Bitcoin should able to reach few percentage of total hashrate when P2Pool for Monero could have ~4.8% total hashrate.

[1] https://p2pool.observer/

Oh that will most likely fail, I probably picked the wrong example to describe the pool idea I had in mind, the pool is to be decentralized by ownership not the operation itself, an open-source project funded by a smart contract built on bitcoin blockchain or LN where the depositors of the pool get the pool fee distributed by them and they get to chose what does the pool look like and what code it runs.

But are there any mining pool which works like that out there? If yes, can you share any example.

Quote from: mikeywith on Today at 09:31:43 AM

Having to do anything tech related on the end user side will be deemed a project failure, it needs to function just like any other "normal pool" to have any chance of success.

But on other hand, people or group who can setup many ASIC should able to setup P2Pool. Rechecking http://p2pool.in/, they just need one computer (to run both Bitcoin Core and P2Pool software) and point their ASIC to that computer's IP address.