⛏️ It’s only 1,000 sats to get started with hashrate auctions on Rigly.
1K sats = 3 hours of hashrate with a Braiins pool account.
⚡️ If you’d like to get started, we’re zapping 1K sats to the first 10 people to COMMENT and REPOST this note!
Discussion
lets go 💛💜😁
⚡️ 4 zaps sent! 6 to go! Gotta wake you guys up before Genesis Block Day 👀
Not reposting 😂🫂
Party pooper ☹️
Nah, I think this note has been reposted sufficiently to gain all the eyes it can. 🫂🫂🫂(I ain’t hating on this note, all good!)
Whaaaa-? Hmmm maybe 🤔
Never heard of hashrate auctions before. So you pay 1K sats to get 3h of hashrate. What happens after the 3h? Do you get a payout greater than 1K sats? What type of miner are we talking about?
I’m looking at the website: I don’t understand. Seems too complicated
Lets say there’s 5 bids. I imagine only one wins in the end. What happens to the other bids? Is that all profit for you?
The test drive is 1k sats for 3 hours. It’s to try out mining and you’ll likely earn less than 1k sats on it.
The hash comes from a mix of different rig types and mining farms we work with.
The auction is for hashrate on longer timeframes (eg 30+ days) and future delivery. The auctions provide upfront $ for mining farms and they are more likely to earn a profit.
Thanks for the explanation. Is it the same idea on a 30+ day timeframe? You pay upfront for the hash when you win the bid and what you would earn during the timeframe is a bit lower than what you bid? Does all the hashrate go to the winner or a part goes to Rigly?
The auctions allow for the market to establish the price. The market could bid over or under the going fpps price. All the hashrate goes to the buyer. Rigly takes it’s fee from the initial payment, not from the hash rate.
So I buy 1000sats, and some miners bids for that money in order to financie their operarions for 3 hours?
that's interesting 🤔
3 zaps left!!!! ⚡️
I am trying this. How do I get a payout when the test drive finishes?
That would go through Braiins mining pool 🫡
And received the 1000 sats back. Thanks nostr:npub1t6el40knsq8hmrpr0m6tt3t0tr4pdeyhlt2qelwhgtwawddqx0xsv03scu !
YW! Let us know how it goes!
One thing about this. When the mining ends my email inbox gets spammed with an email from Rigly that says my hashrate has ended. I've got close to 100 copies of the same email telling me my time has ended
Nevermind. I see now. It is mining to my Braiins account and I should be able to withdraw from there
My turn
i🔌⚡⚡⚡⚡⚡
10th zap ⚡️ zapped! More to come for Genesis Block Day! 🎉
💜⚡️🧡
Eh. I'm late to the party, but at the party nonetheless, I guess. Lol. 🤷🏿♀️
Lo intentamos!!