27 sats \ 2 replies \ @evanbaer 6 Nov 2023 \ on: Mining Rigs or Mining Companies? bitcoin
Buy a mining rig and you'll rarely (if ever) earn enough to pay back the cost of hardware.
Plus, you have to trust a hosting company to run it for you.
Assuming you want to mine at a profit, the easiest approach is to bid on future hashrate at auction - https://rigly.io
- Bid on hashrate per difficulty epoch
- Delivery to your pool account via stratum
- Payment held in on-chain escrow (multisig)
(Rigly is my project)
Rigly Just checked out your project. Awesome idea :)
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Thanks!
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