Rigly - Whitepaper Day Block Party [team solo mining]rigly.io/block-party
14k sats \ 25 comments \ @evanbaer 31 Oct 2023 bitcoin
We're hosting a team solo mining run - aka Block Party - for Whitepaper Day 🎃
What is a Block Party?
A block party is a solo mining run with a team.
How it works
  • Many folks buy-in for a large amount of hashrate, which is then sent to a solo mining "pool" (CKPool) where the miner who finds the block earns the full block reward (6.25 bitcoin + fees!)
  • If a block is found, the organizer distributes the reward
  • Block parties do not use a traditional mining pool, there is a large chance of earning no reward
How to join
  • https://rigly.io/block-party
  • Pick your contribution to the Block Party (21, 100, or 210 TH/s)
  • Today at 14:10p ET, monitor the progress of the Block Party 🤞
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345 sats \ 6 replies \ @bzzzt 31 Oct 2023
Fun, im in 🙂
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10 sats \ 5 replies \ @evanbaer OP 31 Oct 2023
Hurray!
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0 sats \ 4 replies \ @bzzzt 31 Oct 2023
If a block were to be won, how is the payout distributed ?
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10 sats \ 3 replies \ @evanbaer OP 31 Oct 2023
The share of reward is based on how much hashrate you contribute. See “potential reward per TH/s” on the details tab.
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60 sats \ 0 replies \ @evanbaer OP 31 Oct 2023
^ and you’ll enter in your btc address in your account profile (there will be an email reminder for this once the mining starts)
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0 sats \ 1 reply \ @bzzzt 31 Oct 2023
Oh ya but how do i actually receive it, i get an email to provide a btc address ?
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50 sats \ 0 replies \ @evanbaer OP 31 Oct 2023
Look under “refund address” under View my account.
You’ll get an email reminder to set this, too
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10 sats \ 7 replies \ @fm 31 Oct 2023
Gotta love this post where the user gets a negative 1546 margin using rigly
#299833
somethings not rigth
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50 sats \ 2 replies \ @evanbaer OP 31 Oct 2023
Hi, I just replied to that thread -- the low earnings appear to be due to mining on Braiins pool, for a short time frame when the pool found few (or zero) blocks.
Different pools have different payout formats which impact the per-day earnings.
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0 sats \ 0 replies \ @fm 31 Oct 2023
honestly the project seams nice.. but those numbers came out bad
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0 sats \ 0 replies \ @fm 31 Oct 2023
deleted by author
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0 sats \ 3 replies \ @bzzzt 31 Oct 2023
Doesnt matter what they earned, did they deliver the hashrate ?
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0 sats \ 2 replies \ @fm 31 Oct 2023
dont ask me.. Seams not with those massive losses.. better buy your own lottery miner i guess.. never before had seen such loss on a mining order.. i had losses on orders, like a minus 3.. having a minus 1500 is plain ridiculous
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0 sats \ 1 reply \ @netstatic 1 Nov 2023
"Lottery miners" like the nerdminer are worse than lotteries.
Although a bit dramatic, Luke Dash Jr echoes some of these sentiments: https://x.com/LukeDashjr/status/1717647290729468153
i had losses on orders, like a minus 3
I don't know what -3 means to you here but mining isn't always profitable, especially if it's only over 24h and with a potentially weak hashrate (the linked post didn't say). I don't know how you arrived at the conclusion that you'd never have any losses with mining, it's just not realistic.
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0 sats \ 0 replies \ @fm 2 Nov 2023
i had losses.. in small amounts, If you calculate the margins a minus 1500 means a HUGE loss..
I know lottery miners are shit but at least you get your tiny hash running everyday with better odds i guess
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500 sats \ 0 replies \ @nicop 31 Oct 2023 freebie
join the Rigly Community telegram: https://t.me/+AEvub_E_9hNiYzAx
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200 sats \ 1 reply \ @bzzzt 31 Oct 2023
Has it started yet ?
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0 sats \ 0 replies \ @evanbaer OP 31 Oct 2023
Working on it -
Getting the block party page updated now
For now, you can view stats here: https://solo.ckpool.org/users/39MB5SHzbQT27oGNraKcq1ZTEgvvgWruZA
(The escrow address is the username at CKPool)
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0 sats \ 1 reply \ @evanbaer OP 31 Oct 2023
Block party started
Details to come!
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0 sats \ 0 replies \ @evanbaer OP 1 Nov 2023
And ... no block found this time :(
Details: https://rigly.io/block-party
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0 sats \ 4 replies \ @bzzzt 31 Oct 2023
Do you offer solo mining on the regular or is this just for the white paper bday ? Or is regular hash renting only possible via pools with accounts? Thanks
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50 sats \ 3 replies \ @evanbaer OP 31 Oct 2023
Today's block party is a special event.
Normally, we just sell hashrate and you send it directly to your mining pool account. Rigly sells hashrate in 2 formats:
  • Spot
  • Auction
Spot hashrate allows you to start mining right away. The auctions allow you to buy hashrate in future difficulty epochs - with open market pricing.
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100 sats \ 2 replies \ @bzzzt 31 Oct 2023
Fascinating. Ya i just tried out the instant hash, worked perfectly. So is that an individual machine that is delivering the hash from some maker working with you ?
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0 sats \ 1 reply \ @evanbaer OP 31 Oct 2023
Nice!
Yes, we have a couple mining farm partners who sell hashrate via our marketplace.
Their mining rigs point to our stratum proxy, where the hash is forwarded to your mining pool account.
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200 sats \ 0 replies \ @bzzzt 31 Oct 2023
I paid for 88 terahash and so far getting about 100. Guess i got a good machine ☺️
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