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Author Topic: An idea for Pool to pay miner using silent payment In coinbase transaction  (Read 62 times)
Livingleged (OP)
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September 04, 2026, 03:49:01 PM
Merited by FP91G (1)
 #1

Gray says he has been wondering how  mining pool might pay out miners to different addresses directly in the coinbase (and generally about “fun” things to do with a coinbase transaction) I think this is an interesting idea that caught my attention and will want to see it happen you all can Check https://bitcoinops.org/en/newsletters/2026/09/04/ for full details of the proposal and how it’s expected to work.

FP91G
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September 04, 2026, 05:03:54 PM
 #2

Gray says he has been wondering how  mining pool might pay out miners to different addresses directly in the coinbase (and generally about “fun” things to do with a coinbase transaction) I think this is an interesting idea that caught my attention and will want to see it happen you all can Check https://bitcoinops.org/en/newsletters/2026/09/04/ for full details of the proposal and how it’s expected to work.
Mining has long been a legitimate business, and most miners have no reason to hide their transactions. If I need to hide my Bitcoin, I'll use a mixer.
Most miners don't need this; the main thing for miners is that pools pay out rewards regularly. Silent Payments technology is complex, and miners don't need that kind of complexity.

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Mia Chloe
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September 04, 2026, 06:44:28 PM
 #3

Gray says he has been wondering how  mining pool might pay out miners to different addresses directly in the coinbase (and generally about “fun” things to do with a coinbase transaction) I think this is an interesting idea that caught my attention and will want to see it happen you all can Check https://bitcoinops.org/en/newsletters/2026/09/04/ for full details of the proposal and how it’s expected to work.
Silent payments are more like an extra layer of privacy and just like FP91G mentioned in most countries mining is actually a legit business so hiding it doesn't really matter that much. The only major scenario I possibly see is using it so it gains adoption. We barely have wallets that support it especially on mobile.

Another thing is for countries that impose taxes on mining too, transparency of payouts will save the miners a lot of stress when remitting for their taxes.

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September 04, 2026, 11:58:59 PM
 #4

I don't think you still need to hide your mine BTC since it was fresh from the solved block and transaction fees.

However, if you care about your privacy because I know some pools were being hacked and leaked most of the personal data, including miners' earnings, this silent payment will give you no privacy leaks compared to using the standard one.

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Today at 08:34:08 AM
 #5

It's one of ideas that are interesting/fun to discuss, but unlikely to be used by average people/miner. From miner side, they need to use wallet that support Silent Payment and patient enough for longer sync time.

I don't think you still need to hide your mine BTC since it was fresh from the solved block and transaction fees.

However, if you care about your privacy because I know some pools were being hacked and leaked most of the personal data, including miners' earnings, this silent payment will give you no privacy leaks compared to using the standard one.

The author mention this as mitigation.

Quote from: delvingbitcoin.org/t/silent-payments-coinbase/2833
Compromise of the mining pool database is likely the largest threat vector to privacy for those paid. Ideally, the pool only retains share accounting data for a duration necessary to calculate and payout hashrate providers then nukes the accounting data, helping secure the privacy of past blocks.

But i doubt there's demand for mining pool that minimize data collection/retention.

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Today at 04:32:10 PM
 #6


But i doubt there's demand for mining pool that minimize data collection/retention.
Mining pools generally have access to users' IP addresses and email addresses. A large miner can't operate illegally with high electricity consumption, and a small miner with a dozen ASICs is a very small fish to investigate. In my opinion, this idea will not be implemented on pools due to its complexity.

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