Back to collectionPanic Deepens, Pool Operators Face a Choice
The higher Silver threshold had left small pools questioning whether they could continue, while markets remained under pressure over the weekend. Panic kept spreading, and alternative crypto assets led the decline. The market decline did not make operators' decisions for them, but it made the small pools' old informal understandings harder to sustain.
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The higher Silver threshold had left small pools questioning whether they could continue, while markets remained under pressure over the weekend. The Night Watchman was preparing to ask pool owners he knew about their members, but even talk of nodes was thinning out in the group.
Panic kept spreading, and alternative crypto assets led the decline. One pool owner wanted to press members immediately to fill the gap; another feared that pressing them in this mood would drive them away faster. The Night Watchman suggested asking each person what they intended before deciding whether to reorganize the pool, so that waiting would not be mistaken for a commitment.
The market decline did not make operators' decisions for them, but it made the small pools' old informal understandings harder to sustain. The Night Watchman planned to tell pool owners which members had clearly said they would stay, so they could discuss the next step. Whether they could meet the new Silver threshold still depended on the members' answers.