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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

Broke, hodl'ing and block party mining over here.

The arms race aspect of #bitcoin mining: a bug or a feature?

The more miners compete with each other, the more network difficulty goes up and the less they make.

If miners could cooperate at scale, they would all benefit from lower network difficulty. But this is a hard problem!

Does bitcoin solve cooperation at scale?

Next block party almost at 10 PH/s

https://upendo.rigly.io

Surprised nostr:nprofile1qqspwsetpg22uceemmz3k96gjzl420s895ckvc9pgw09vzxtw70v57spzdmhxue69uhhwmm59e6hg7r09ehkuef0w2w7am exists, someone actually made a legit nostr casino lmfao

Sadly I am down 5000 sats to them tho

Try Upendo Block Party!

Solo mine with bitcoiners

Hashrate bid starts at like 500 sats

Better than lotto odds + good people

nostr:npub1t6el40knsq8hmrpr0m6tt3t0tr4pdeyhlt2qelwhgtwawddqx0xsv03scu

https://upendo.rigly.io

Sometimes 1 in a million odds pays off

Maybe, but we're all connected

https://upendo.rigly.io

solo mine with bitcoiners - its way better

You can solo mine with a bitaxe and 1 in a million odds

Or you can solo mine with bitcoiners at Upendo for 1 in 800 odds

upendo.rigly.io

We’re up to 8 PH/s for the Block Party … we’ll see how high we get on Saturday. Stay tuned 🙌

I'm in New York - should I own a physical rig in my apartment at 20 cents per kWh?

Should I own a rig at a hosting company - and trust them not to rug me?

It's reasonable to buy hashrate direct from mining farms, so long as there's an escrow to limit the rug pull risk.

That's what @Rigly is building: the "don't trust, verify" workflow of multisig escrow used on dark web markets, applied to hashrate.

Everyone says bitcoin makes coordinated action possible … then HODLs and maybe buys a bitaxe to solo mine.

You can mine with other bitcoiners and increase your solo odds 1,000x

Upendo!