its an auction, pay sats for hashrate from people with miners that want to auction it off forca set period of time. or you can buy instantly, typically at a premium above the going FPPS rate.

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Interesting. I didn’t know you could do auctions for hashrate

rigly is cool. cuz you are actually renting from individual miners, one buy or auction at a time and getting to point their hashrate at the pool of your choice.

So you pay the auction in sats and then you get paid mining rewards in sats as well ?

ya