I know a benefit is kyc free sats, but what ratio of Bitcoin do you typically lose. 30%
nostr:npub14kw5ygpl6fyqagh9cnrytyaqyacg46lzkq42vz7hk8txdk49kzxs04j7y0 Block 96 Confirmed.
nostr:npub1hqaz3dlyuhfqhktqchawke39l92jj9nt30dsgh2zvd9z7dv3j3gqpkt56s and I did not know what to expect when it came to nostr:npub1t6el40knsq8hmrpr0m6tt3t0tr4pdeyhlt2qelwhgtwawddqx0xsv03scu. The more we learned the more our minds churned on how gentle plebs like ourselves can contribute to miners and pools of our choice, farm non KYC sats and decentralize the hash rate.
We want to thank nostr:npub185kg4jpc3qeh3av7r0qgpc0knnpuyykppxueuswvy8k2ch8lrlcqrw4f7w and Nico for presenting their Rigly hash auction and marketplace.
What seems to be a straight forward idea can be accelerated with Nostr and an ideological pleb movement.
For those that missed the show. Please make your presence felt via nostr:npub1v5ufyh4lkeslgxxcclg8f0hzazhaw7rsrhvfquxzm2fk64c72hps45n0v5 and boost our message to the masses.
Want to try Rigly? Use referral code : “Plebchain” for a free 24hrs of hash which they generational gave our listeners for the next 3 months.
Discussion
From my understanding the best profitability is through auction and a longer timeline.
I’d also assume if Rigly grows as a solution there will be more competition for short term liquidity.
Thanks, yea I used Braiins
Long term I see a few opportunities.
1. Decentralizing hashrate from plebs
2. KYC Free
3. Supporting ethical miners worldwide
4. Nostr web of trust network growth
5. Education
The barrier for entry is 1000 sats. That’s very short term and profitability would be negated but education and trust would be gained.