Hello everyone from Ukraine! I ask for your help, I have Bitaxe Gamme 601 and I am mining on Braiins pool. I really want to be featured on Oceans, installed Umbrel, Bitcoin Knots (is now synchronizing the blockchain). Next you need to open the Lightning channel to receive payments, please tell me which channel to choose for starting with a small payment ? I need that the payment for opening the channel was very low. Sorry, if something is wrong, I am a beginner in this business. I would be very grateful for all the help.Please help.
You can open a channel with my node (PaulsCode LND). The minimum channel capacity is set at 10K sats (though I think in practice, you can’t go much lower than 60K sats or you will get an error related to the dust limit).
My routing fees are set rather high (1%) so that I can manage the many small channels that open up to mine. This means if you are only using Core Lightning as your node (rather than leveraging both Core Lightning and LND) you will need to configure Core Lightning to use Xpay before you’ll be able to open inbound liquidity (since the default routing has problems with higher routing fees). On Start9, you can enable XPay via Config > Advanced > Experimental Features > Xpay.
If you plan to expand your Lightning usage beyond mining, then I recommend configuring both Core Lightning and LND as I describe on a few other threads (such as this post here).
Thank you very much for your help, I have installed Umbrel OS and probably will install again as the synchronization of the blockchain ends and I see very little free space on the disk (I have a 1 TB disk). Probably you should immediately reinstall the 2 TB disk, otherwise quickly run out of space on the disk and then not clear how to reinstall everything so as not to lose everything in the wallet.
After reinstalling OS, try to open channel
PaulsCode LND (if you have enough money), because I have problems with my wallet.
It should work similarly on Umbrel (though I have less experience with it). You might have to dig around in the settings to find the Xpay option.
Thank you very much, I will try, at the beginning many things are not clear.
Testing mining on Ocean, first payment 3sat not sent, what is the minimum payment on Lightning?
No minimum. Did you get a failed payment? You can see failed payments clearly…large red box near the top of your dashboard. In CL it will shows as a “pending attempt”
Give it another day and see what happens. The last block was 10 hours ago (from time of posting).
Got it, thank you very much. Got my first payout 3 sat c big delay. I set up lightning payouts on CoinOS.
Tell me, will 3 sat always be a reward per block or will be different amount? I have Bitaxe Gamma 601 (1Th) 1pcs.
At Braiins pool was 40sat a day…
Current Hashprice is 41 sats per Th/s per day so you should expect that minus the pool fee
It’s worth consider this: Braiins pool pays you regardless of whether the pool finds a block or not but they don’t tell you when they mine a block. You just take their word for it until you see it in the mempool but you still only get the 40 sats a day.
In reality you should make at least 5% more mining with OCEAN vs any other pool. OCEAN shows you when a blocked is mined…and your percentage of hash rate is applied throughout the entire pay “window”. Full transparency. No Guessing.
If you want a pretty accurate way to see what 1 Th/s pays at OCEAN use the Pool page and then find a miner that is mining 1Th/s…their payout is a good indication of what you should see.
Example: This miner averages 42 sats a day.
https://ocean.xyz/stats/bc1qacjr9sexym2ltfqt3lmnlk9ghgvkudk4cr0gkr
Greg, thank you very much.
I will see what happens next, maybe I have some problems. Thank you again, sorry, I’m just starting to study all this.
Yep. A learning curve but it will come to you. You made it further than most do. Good luck ![]()
Continuing to study the ocean, already the payment increased 12 sat for 2 blocks. Such small payments I think because it just started to hurt or may be due to frequent breaks in the work (electricity is missing after rocket attacks, we have war). Who thinks why I have such small rewards? thank you all!!!
Yes, I think it is probably because you have just started. IIRC, they split up your rewards over some number of blocks, so you will have leading and trailing ramp-up/ramp-down periods when you fire up a new miner.
