On another note, things not looking so great for Ocean:
https://ocean.xyz/dashboardWith the hashrate they claim to have they should be finding around one block a week, but it's been 15 days since their last block. Seems like a number of their miners are giving up on them and their total hashrate is gradually falling.
Their average hashrate for the past few weeks or since they started is below 400PH since they had a while of below 300PH, but let's just assume it's 400PH since the 28th of last month since that's when they first got above their first peta, that would be 20 days in total, so up to this point their luck/pace sits at about 100% with nothing out of the ordinary.
Given that 1 in 7.4 blocks would have 200% difficulty, it's pretty normal for said pool to go on without having a block for another 10 days, in fact, if anything, it's astonishing how they managed to get those 500PH on board, comparing them to another pool like Kano that has been there for way too long and doesn't censor transactions but struggles to go above 50PH.
However, as I said when they first launched this pool, it would be only a matter of time before it collapses, as it stands right now, they sell it as the anti-censorship, decentralization savior mining pool which clearly isn't the case, not to mention how it's almost certain that all non-PPS pools will vanish in a few years from now.
That's a loss of 0.5 BTC per block. When you have not even mined a single block in 15+ days, that's a significant amount of fees to be throwing away through your censorship policies.
He was very kind to pick that blocktemplate, It would been even worse if he picked the blocktemplete they generated for
block 821596.
