Replying to Avatar Scrotus

"If your order speed is high - eg 200 TH/s rather than 120 TH/s - your mining duration will be shorter. You get the same amount of hash, just in a shorter timeframe.

Feel free to paste me your email or order # and I will take a closer look."

Well if this is the case I don't think it's very transparent and also it completely defeats the incentives for people who pay for hash rate. Why would anybody pay sats now for guaranteed less SATs at a future date? I dm'd the rigly nostr account yesterday. Ill send you receipts when I get back if you want.
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Evan Baer 10mo ago

You can’t click a button and instantly get more sats. Mining isn’t like that.

Instant mining is sold at the spot price premium - and the premium % is listed above the Buy button.

To mine at a profit, bid on the Rigly mining auctions.

In the auctions, you get hashrate on a future date. The mining farm gets $ now and you get the potential to mine at a profit.

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Scrotus 10mo ago

I know that you can't click a button and get more sats, I understand how gambling works. But what I'm saying is why would anybody buy a future contract at a guaranteed loss?

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Evan Baer 10mo ago

Instant mining sells to folks testing out mining, or want kyc-free bitcoin - or solo mining

Hashrate sold in nostr:npub1t6el40knsq8hmrpr0m6tt3t0tr4pdeyhlt2qelwhgtwawddqx0xsv03scu auctions goes to highest bid, and usually below spot hashprice