We mention frequently that bitcoin mining means math.
It also takes luck. 🍀
But for now, let’s show you how to do the math so you can DYOR on Rigly hashrate auctions.
Here’s how to calculate the FPPS rate that most mining pools use:
What does that mean if you’re looking to bid on some hashrate at auction?
You have a few options:
1. You can solo mine, i.e. point it to your own node or a solo mining pool– check out nostr:nprofile1qyxhwumn8ghj7mn0wvhxcmmvqys8wumn8ghj7mn0wd68yttjv4kxz7fww3jhsctndpjkgem99eu8j7sqyq7jezkg8zyrx784ncdupq8p76wv8ssjcyymn8jpess7etzulu0lqs07j7q 's block parties at upendo.rigly.io, which which is basically a lottery.
2. You could mine some testnet bitcoin, #ferdaDevs.
3. You can point it to any one of a multitude of mining pools.
See our full tutorial 👇
https://blog.rigly.io/how-to-bid-on-rigly-auctions-20250127/