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Home Bitcoin

mining pools – How can Ocean know on the fly who to pay out to in the coinbase transaction?

Moussa by Moussa
April 29, 2025
in Bitcoin
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peer discovery – how to obtain the IP addresses of nodes for mining pools?
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Usually a miner/pool puts their single address in a coinbase transaction. It then completes a merkle tree that goes into a block header and that is what hashed. In Ocean’s case they pay miners directly from the coinbase, how is it possible if the payout is directly dependent on the number of shares. They can’t put a payout for example for 10 miners and then start mining on it because how they mine is dependent on their payout, or they update the coinbase template every second? Would be nice if someone could clarify please.



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