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Evan Baer
3d2c8ac838883378f59e1bc080e1f69cc3c212c109b99e41cc21ecac5cff1ff0
Building @Rigly + Upendo Hashrate marketplace with non-custodial escrow - rigly.io Solo mine with bitcoiners - upendo.rigly.io

#Bitcoin mining has a handful of challenges for newcomers:

-It is the most competitive industry in the world

-The capital required to be competitive is high

-Tech you buy today may be obsolete in a year or 2

-You need cheap energy

nostr:npub1t6el40knsq8hmrpr0m6tt3t0tr4pdeyhlt2qelwhgtwawddqx0xsv03scu founded by nostr:npub185kg4jpc3qeh3av7r0qgpc0knnpuyykppxueuswvy8k2ch8lrlcqrw4f7w is a solution for anyone.

Rigly is a marketplace for hashrate.

It solves the troubles newcomers to Bitcoin mining have such as: difficulty setting up their own rig and finding cheap energy.

It also solves the problem of people paying for hashrate at hosted facilities and then losing their capital in the event these facilities go offline (multiple instances throughout the years of this occurring).

People interested in purchasing hashrate can go to the marketplace on Rigly and buy without worry that they will get robbed because payment is stored in escrow on chain until the buyers receive all of their hashrate. Additionally, there is an auction house where perspective buyers can bid on hashrate where the market decides the price.

As large corporations continue to add to their hashrate, Bitcoin mining becomes less distributed and also less censorship resistance.

Rigly also helps address this issue because with more people contributing, distribution and censorship resistance both increase.

Bitcoin mining is arguably the most private way to participate in the Bitcoin network. When you win SATs, you can sweep this fresh Bitcoin (with no prior transactions), directly into a hardware wallet.

No ties to any KYC exchange.

Rigly opens this privacy up to anyone.

Rigly helps make Bitcoin mining for anyone, again.

Yeah!

The pools are proxying their hashrate to the biggest players (Ant, Foundry) due to FPPS.

For the smaller pools, paying out FPPS hashprice during a dry spell requires a large bankroll. Hard to get that when you're just earning a 2% pool fee.

I also suspect fee variation due to ordinals/brc-20 etc - where big players get an outsize % of high fee blocks - may play a role.

The current incentives all point to majority hashrate at either Ant or Foundry. That is scary.

Get your #bitcoin kyc-free today

- rigly.io

- 500 sats test drive (3 hours of mining)

- Buy more hashrate

nostr:note1svd4j5dexlye22gyhkm0mccgecntrx8g2n2uta94vj36yp5ykr9sztdcf4