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And plus, it only about 8.8 PH / s, not even close to hit a block.

this territory is moderated

hashed a block at 33 trillion difficulty earlier today, not bad

granted, every hash is a unique dice roll

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They just cancelled the big bids to make it more affordable again. But indeed, hashrate is not too high in such case, so i see it more as a cheeky bet with better odds than solomining.

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the big size hashrate auctions displaced too many early miners

those auctions were removed, and the auction size is 21 TH/s now

this encourages new bidders to join with a low bar to enter

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