Where do we see this going?
Well, we fix the money and we fix the world! But first, let’s decentralize Bitcoin mining…
get rid of your rat poison while you can! here is the best way you can give your sats back to the criminals before its too late:
1. sign up for nostr:nprofile1qqs9avl6hmfcqrma3s3haa94c4h436skujtl44qvlht59hwhxksr8ngpzemhxue69uhk2er9dchxummnw3ezumrpdejz7qgwwaehxw309ahx7uewd3hkctcpz4mhxue69uhkummnw3ezummcw3ezuer9wchsuwkc8a. Use my name as referral and we both get some free hashrate.
2. input Ocean as your pool, and the #freesamurai address to donate hashrate to their defense ( https://ocean.xyz/stats/bc1q8qcshjhqr4mvgsvdugyuaper66gfellwfsqm3r ).
3. buy hashrate ( either instantly or at auction) with your dirty sats and absolve yourself of the sin of hodling sats while you still can!
#bitcoin
#freedomtech
#btcmining
#privacy
Here’s a great article from the #plebchain about the difference between solo miners and mining pools.
👀 You can see what your chances of earning a block reward are, via nostr:npub1aqakd28d95muqlg6h6nwrvqq5925n354prayckr424k49vzjds4s0c237n ⬇️
https://habla.news/u/mhardcastle@nostrplebs.com/1725912959496
I think Evan was referring to when you can’t run the miner at home (like if you live in nyc) so you have to trust someone to host the rig at their facility for you. This as an adjacent type of service to what we offer, but I think is different to what you were referring to which is running your own rig(s). You’re right that’s definitely the most secure way to hash, but it’s a steeper upfront commitment and not everyone has the means to do it. We made rigly so that folks who don’t have access to 240V power at under 8 cents a kw can use their sats to participate in the network’s security apparatus.
It doesn’t take much to get started winning hashrate with us…
Congrats!
🎉 Congrats, Bitcoiners! Let’s celebrate crossing 100K with a special hashrate auction today!
We’re going to do a quick deal at 1PH/s to reward you for having a low-time preference all these years!
🚨 Starting NOW: https://rigly.io/
Pop-up #bitcoin mining auction
Bid starts at 1,000 sats in just 2 mins
Auction only lasts 20 minutes, so get your bid in early
Miners today be like
Hello,
I think long term rentals (30+ day contracts) give us less variance risk, and enable plebs to feel more comftorable using primary pools outside the Antpool mafia, such as SBI Crypto And nostr:nprofile1qqsq9k04vahllseell55m74n3047y88pzlr0z5yany32st29fapqmgsppemhxue69uhkummn9ekx7mp0qy2hwumn8ghj7un9d3shjtnyv9kh2uewd9hj7qgawaehxw309ahx7um5wghxy6t5vdhkjmn9wgh8xmmrd9skctc87ckyu. otherwise with 1 day hash rentals its really hard to not just push the hashrate into an fpps pool like Braiins 🤙
obviously i know its not the only variable but just my two cents, keep up the great work!
We couldn't agree more! 👇
nostr:note10r5qsaghym7s86whsjgx8xem5maarx60e2p4wl3jc0z27xapfcus2t0vcp
⛏️ When we say we’re down in the mines, our mines are KYC-free.
Get started today with just 1,000 sats.
Recent research by nostr:npub18h0w55nsp839ezxnggf00jd2xc6yl0ht62mf5p8wwllu8s80wdcs83ws8m shows how Bitcoin #mining centralization comes from miners favoring FPPS, transferring risk from miners to pools.
💡 Larger pools benefit from less volatile income but require significant reserves to ensure survival. But how does that work?
Analysis, including a #Python simulation model, reveals key findings:
⛏️ A 95% survival rate over 1 year requires up to 450 BTC reserves, while a 99% rate over 3 years needs nearly 900 BTC. Larger pools face diminishing reserve needs beyond 30% hashrate.
⛏️ Pools with hashrates near 25-30% need the highest reserves. Above this, economies of scale reduce costs, while very small pools require less due to lower payouts.
⛏️ High centralization enhances economies of scale for large pools but poses risks like block orphaning and fee manipulation.
The findings emphasize the financial challenges pools face under FPPS, particularly at threshold hashrates, and the role of reserve management in pool survival.
See the research by Orange Surf 👉 https://orange.surf/pool-reserves/
👀 Rigly provides a new way to price hashrate for miners where an open market of hashrate buyers set the going rate on a TH/s at any given moment.
This is how hashrate buyers (you) and miners both benefit, and how we decentralize the network by aligning incentives! 🤝
Two words: hashrate auctions.
Rigly is awesome 🤙
use my referral code: https://rigly.io/register?referral=BeeAye
happy to answer any questions people may want to ask, ive used them many times 🤙
#bitcoin
Thank you!
Don’t you hate that you can’t mine Bitcoin because you don’t have an ASIC sitting around? Then there’s the cost of electricity…
🤕 What if we told you there’s a way to get in on mining without those headaches?
Rigly offers hash rate auctions so you can get in on mining without the heavy capital needed to get started—or the expensive ASICs and electricity. 🔌
All you need is your mining pool account of choice and 1K sats. Sign up & start hashin’ sats! ⬇️
Hey, remember that time nostr:npub1m0n0nautpnk0jntmg89kgjucfwygrsppcpf963um5eqkjehqwess7rd0un discovered these mining pools (in purple) were all in cahoots with Antpool?
We haven’t forgotten either.
🔥 #DecentralizeMining 🔥
🔗 https://blog.bitmex.com/pow-centralisation-hysteria-what-size-war-chest-is-required/ 
GM, #nostr 🤙
