BitcoinAlchemist on Nostr: If aggregating hashrate is the only way miners and pools can reduce variance, then ...

If aggregating hashrate is the only way miners and pools can reduce variance, then why do we act surprised when miners and pools mine for each other to reduce their variance?

Miners hate variance so they mine for pools.

Pools hate variance so they mine for each other.

Everyone hates variance and they wanna reduce it, but the only way they can is by passing the hot potato hashrate to a bigger balance sheet who is willing to take on the risk…