What the heck is Rigly?
We’re a group of nerds who created a hasrate marketplace. We’re passionate Bitcoin maxis who are good at math.
(Not *all* of us are good at math but someone has to run this #Nostr, js) 😉
Hashrate is a scarce resource and we offer a fair and transparent platform for price discovery—highest bid wins.
The payment process is fair to buyers and sellers. Mining farms get 50% payment upfront and 50% is held in escrow, released after hashrate delivery.
To keep bitcoin coming at a steady rate, the network difficulty adjusts every 2016 blocks.
That’s ~every 2 weeks.
This adjustment ensures new blocks are found approximately every 10 minutes, regardless of the total hashing power on the network. 🟧
Have you ever noticed Bitcoin mining folks are just a different breed living in our own little world?
Rigly Co-Founders Nico Preti & nostr:nprofile1qyxhwumn8ghj7mn0wvhxcmmvqys8wumn8ghj7mn0wd68yttjv4kxz7fww3jhsctndpjkgem99eu8j7sqyq7jezkg8zyrx784ncdupq8p76wv8ssjcyymn8jpess7etzulu0lqs07j7q have! 🔽
GM FROGFREN17! We love memes
GM MARCEL
GM POW@MAX
GM! Stay humble & hash sats! ⛏️
🟧🎉 Block Party bonus hashrate deployed
Eagles, Chiefs, or nostr:nprofile1qqsgydql3q4ka27d9wnlrmus4tvkrnc8ftc4h8h5fgyln54gl0a7dgstw3r3l in a SATOSHI shirt from nostr:nprofile1qqsvuswpdx9gcppzrz79smctnmydt0l68h9uagym6kwmn5xe9slupdq68m80p?
Who wins tonight? 👀
GM! Stay humble & hash sats! ⛏️
Fresh hashrate auctions for our 🟧🎉BLOCK PARTY just dropped!
Let’s go crazy and do 3-hour terms and name them after mining things ⛏️
We mine until we hit a block! 👇
Upendo.Rigly.io
In your Rigly dashboard, you’ll get a live feed of your hashrate.
📊 So why does it look so wild? Why does the graph go up and down instead of staying flat?
This is called ✨variance✨ and it is a product of how mining works; it’s probabilistic: in any given second, you may record more or less hashrate.
We’ll have Nico explain variance in detail in another blog post. 😉
For now, it’s another part of learning how to bid on our hashrate auctions. 👇
https://blog.rigly.io/how-to-bid-on-rigly-auctions-20250127/
