Before you bid on a hashate auction, it’s good to understand the basics of Bitcoin mining.

Hashrate = unit of measurement for the amount of hashes per second generated by a Bitcoin miner.

Hashprice = Block reward + Transaction fees / Network Hashrate.

Since these numbers change, here’s how to do the math.

👉 https://blog.rigly.io/how-to-bid-on-hashrate/

#mining #hashrate #hashprice