⛏️ It’s only 1,000 sats to get started with hashrate auctions on Rigly.
1K sats = 3 hours of hashrate with a Braiins pool account.
If you’d like to get started, we’re zapping 1K sats to the first 10 plebs to comment and repost this note!
We got rug-pulled our first time mining, we get it.
So we started Rigly, the non-rugpull alternative to cloud mining.
We auction the best thing—hashrate—so you can stay humble and hash sats.
Bitcoin without miners wouldn’t exist. 💫
GA! Stay humble & hash sats ⛏️
IYKYK… 😉
What’s better than Monero?
Fresh #Bitcoin.
Rigly is Bitcoin ONLY.
GM! There is only one coin, that is #Bitcoin 🤙
Stay humble and hash sats!
For every naysayer who thinks Bitcoin today can be attacked…
Performing a successful 51% attack against #Bitcoin is not impossible, but is financially debilitating.
🦡 🦡 🦡 🦡 🦡 🦡
Shoutout to Bitcoin Commons and nostr:npub1an84q6c03wml5lf0uwcqcr20ydwv0t0lvv0xktlcfs9seattef8sdhz6yg for having a miner on display!
We really enjoyed seeing the Commons and attending the Independent Music Summit on Sunday 🚀
#SatsBySW makes us even more BULLISH on Bitcoin projects heading into 2025!
We got some love last week on Stacker News, but it also led to a great question!
https://stacker.news/items/807758
nostr:npub12y74q50shh7v4mf82mh0kmgvqk850gtcnz8zlkks7d9ahznzyqnqy4vrtz asked, “I must admit the ‘miners prefer to get the money upfront’ doesn't make complete sense in my head, would you care to elaborate on why that’s a better deal than mining it themselves?”
Our co-founder, Evan, gave this answer:
💡 The Mining Farm needs an incentive to send their hashrate elsewhere vs mining themselves. To create this incentive, the buyer can either pay a premium or pay upfront.
There are already 2 hashrate markets where you can buy hash at a premium—on Rigly we let the Mining Farm get paid upfront (50% upfront, 50% held in escrow during delivery).
For the farm, getting paid upfront allows them to expand faster:
* They can buy new ASICs
* Mining farm starts mining w/ new hardware right away
And then, if they choose to list this new hashrate on Rigly, the cycle can repeat over and over again.
This way a small or mid-size mining operation, with limited access to capital, can grow by selling their hashrate p2p to bitcoiners who want to secure their network (and earn some extra sats in the process).
🤠 Rigly is proudly a Texas-based Bitcoin Mining Services Provider.
Don’t mess with Texas, and don’t mess with Bitcoin.
GM & Happy HODL Day!
It was December 18, 2013 that a drunken user on a Bitcoin Talk forum ranted about not selling as the price of BTC fell, leaving us with our favorite typo to date.
That drunk guy was right to all-caps yell, “I AM HODLING!”
Look at the orange coin now… stay humble & hash sats! 🚀
#HappyHODLDay #HODL