Episode notes
Today we are joined by Marko Tarman of Nicehash. We discuss how it operates, solo miners finding blocks on Nicehash and why operators might want to sell hashrate into a marketplace.
Marko Tarman: https://twitter.com/MarkoTarman
Will Foxley: https://twitter.com/wsfoxley
TIMESTAMPS:
00:00 Start
01:17 Single block winner
03:55 Cost to rent hashrate?
05:27 History of Nicehash
06:38 Effect of ETH merge
08:27 How it works?
13:07 Who's buying?
15:31 MEV on Nicehash?
16:50 Who are the sellers?
18:20 Fluctuations of hash supply recently?
19:31 Profits over spot price?
22:31 5-10% profit for miners
25:47 Competitors?
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