Paul walked me through the setup of renting hash from Braiins and mining with Ocean. My first results are in. I started with 1m SATS and rented 3PH for 7.54 days. I have 681,602 SATS in unpaid on chain earnings with Ocean. I invested $770 USD for the 1M SATS and returned $525 USD for a loss of $245 USD which works out to $33 USD per day for the 7.54 days. Matthew Kratter has estimated a likely return of say 90-95% of the sum invested with losses over time being in the region of $10 USD per day. I am doing this to support the network so I just want to see if this was typical for a first attempt? According to the Ocean graph they failed to land a block on the 25th and 26th of April so I had zero payout for at least 2 days. Is this in line with the experiences of this group?
I have not experienced a loss. My records indicate about a 2% gain over 90 days or so.
I fire off 1 PH/s 3 days of the 4 day “Window” so I didn’t/don’t run steady like in your example. I have a bit of a strategy for what its worth..but from the looks of things I’m doing my part for the fight but in reality Im receiving lightning from OCEAN via CLN, then bounce to Alby/LND then back to Onchain via Boltz to Sparrow back to Braiins. A washing exercise 
EDIT: Not sure if your new to OCEAN but TIDES works based on hash you contribute to the pool and its reflected as Shares In Reward Window. No shares are dropped until they leave the window. There is a last 8 block limit in the window…so what that means is until the current window doesn’t reflect your hash the “last blocks” are still subject to payment.
…But it has been long enough since 25,26 that you should have noticed what I just said.
6 Block in “Window” example. Last column is sats earned each time
Thanks Greg Yes first time ever with Ocean just feeling my way. As we speak I have just received another distribution of 46,954 SATS! I still have 149.86G in the Shares in Reward window so does that mean I still have further distributions to come? I like your washing exercise. I am meeting with Paul tomorrow to design a similar system as I need to wash a number of mixed UTXOs from the whirlpool on sparrow days. Thanks for your input much appreciated.
Yep. OCEAN just needs to hit a few more blocks before shares leave the window before you get a clearer picture of performance. May the luck be with you. 
(A snapshot of just the Brains worker)
For my first run, I bought 191,272 sats worth of hashpower. Got back 161,177 sats. So about 16% loss. About to start round 2 with 211,798 sats 
we’ll see how we go
I am on day 17 of my Braiins / Ocean adventure. With Pauls guidance I started out with 1M SATS and 3PHs. I am now on my 6th live order and currently have 6PHs in play with 3M SATS on the line. Difficult to say where I stand exactly on a P and L basis as the bulk of my investment is still playing out. I am certainly losing a lot more than your 16% as we stand at present. I received my first Ocean on chain payout of 1,235,260 on the 4th May and according to my calcs should receive my 2nd on chain payment on the 12th May. Then I will recycle the SATs back to Braiins and ride those to the finish line. Then I will know how many SATS I have invested / lost in the project. I find the Braiins order book to be bizarre. In the first week I was constantly having my hash frozen or cancelled due to being outbid. Until I worked out what was happening I lost 3 days of hashing when I could have been earning SATS. The system doesn’t tell you that you need to up your bid it just leaves you hanging. With Braiins your order is not locked in you can still be outbid even when bidding above the market I had 2 orders cancelled after 2 days when I was paying 51,000 SATS per PH way above the market. I immediately rebid at 50000 and was filled with no issue. I now watch my orders like a hawk ready to rebid instantly when there is an issue. There is also the TIDES concept which Greg tried his best to explain it to me. As I understand it when all your hash / SATS have been used up you still stand to get payouts from Ocean on the next 6 to 8 blocks.Please keep reporting your numbers and your experiences as that’s how we all learn from each other on best practice. Greg is actually making a profit so he has the system down pat.
This was the Braiins explanation of how their order book functions…
It’s a live market, if others overbid you then you will not receive hashrate as none is left for you at that price. It’s a competition - the higher bid gets the delivery. You compete with others on a live market.
The marketplace uses a dynamic matching algorithm designed to maximize yield:
Bid Priority:
Price: Higher-priced bids are matched first
Age: Among bids at the same price, older bids have priority
Updates reset age: Any modification to a bid (price, budget, speed limit) makes it younger in the queue
Continuous Re-matching:
The matching algorithm runs continuously as market conditions change
Bids are constantly re-evaluated against available hashrate
Hashrate delivery can shift between orders if a higher-priced or older bid becomes eligible
An order currently receiving hashrate may lose delivery if outbid
Practical Implications:
To maintain delivery priority, avoid unnecessary order modifications
Higher prices secure more reliable delivery
Orders are not guaranteed continuous hashrate - delivery depends on ongoing market conditions
Yes. I tried…and did a terrible job of explaining it but as you see as long as you have Shares in the Window (3 days I think) those share will continue to add to your payout…if there are blocks found in that time frame of course.
Greg is actually making a profit so he has the system down pat.
So he thinks…basically like I said its a wash (at least at 1Ph/s). Today’s numbers are still holding the same though at around 2%-3% “profit”.
Higher prices secure more reliable delivery
That is true but I pay more attention to hashprice as termed by Luxor. I will not over-bid daily hashprice by much…I’d rather to stay as close to market price as I can…if I over pay say 60000 sats when the rate is closer to 50000 I will let the order pause. I refuse to chase hash that is above market data. The reason is OCEAN’s luck. The pool is averaging 3 blocks a day for the past week (almost 2 windows). I’m in it for 2 reason: 1) to support BIP-110 and 2) a profit. If profit gets way out of hand I’ll stop until things recover. Leaves a real bad taste in my mouth to “give” Braiins my sats. 
EDIT: I had Claude help me build a little hashprice dashboard so I can see whats happening in realtime. Braiins use to display USD per PH/s but they removed it so I built my own just to stay a-breast.
You got me to wonder what I actually set my bids at…looks like I’m pretty consistent over 22 bids +/-1500 sats on average.
