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55 sats \ 4 replies \ @evanbaer 29 Oct 2023 \ parent \ on: deleted by author bitcoin

Great question.

Rigly is a marketplace to buy hashrate and mine bitcoin.

  • Hashrate is sold via auction, based on future difficulty epoch, so it’s possible to take a risk on future hashprice and earn a profit.
  • You can also buy spot hashrate and mine right now - this won’t earn a profit in most pools, but it’s a cheap way to try out mining.

We’re also hosting a block party on 10/31, where you can solo mine with our team and try to win a block (6.25 btc + tx fees!) 🎉

This is all to say, Rigly makes it possible to mine bitcoin without buying hardware - and without the risk of getting rugged (payments are held in multisig escrow while hashrate is delivered)

^ note: Rigly is my project

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0 sats \ 3 replies \ @yeani 30 Oct 2023

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3 sats \ 2 replies \ @evanbaer 30 Oct 2023

replied in the other thread

Also note we do see some hashrate offline from one of our mining farm partners. Your mining term will auto-extend for any downtime.

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0 sats \ 1 reply \ @yeani 30 Oct 2023

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0 sats \ 0 replies \ @evanbaer 30 Oct 2023

For auctions, the hashrate starts on the date of the Auction's epoch -- see the title and "profile" tab for details.

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