🛎️ It was on this day in 2013 that Mt. Gox heard the bell toll…
At that time, it was the largest Bitcoin exchange in the world.
⚰️ But it went online, totally insolvent, with 744,408 Bitcoin lost in a theft that had gone undetected for years…
🪦It officially closed on February 25, 2014, later filing for bankruptcy in both the USA and Japan. Creditors were still being paid back as of April 2024.
Here’s a peek into today’s auctions on the Rigly main site.
(The “blue site” as some of you call it. The “orange site” is Upendo, or where we hold the Block Party to “upend” the odds).
Are you going to let someone else get hashrate for 1,000 sats? Of course you’re not!
Take a test drive if you’re new: https://rigly.io/test-drive
Or log in if you’re not: https://rigly.io/
You must be using Primal? Anyway, welcome 🤗 we zapped you! ⚡️
GM! Stay humble & hash sats! ⛏️
nostr:nprofile1qqs8fl79rnpsz5x00xmvkvtd8g2u7ve2k2dr3lkfadyy4v24r4k3s4sh8dmel nostr:nprofile1qqsq9k04vahllseell55m74n3047y88pzlr0z5yany32st29fapqmgstcvu4w I started mining Bitcoin solely to help decentralize the network and Ocean was crucial to my decision to start a year ago. This week I accomplished what was supposed to be a lifelong goal of mining a block. Anyways, I have no Bitcoin friends, live in a small town in fly over country and even my wife doesn’t care but if there is anyplace that I can celebrate it is on Nostr. Tonight I am putting my kids to bed, pouring a glass of whiskey and going to sit on my front porch in the dark and pray. Thank you from the bottom of my heart for the time and effort you have poured into Ocean it is turning the tide! 😉
Set up your wallet so we can zap ⚡️ you!!! Thanks for doing your part to decentralize mining! 🫡
Can you guys give love to a miner or what?
WTF is proof of stake?
Here at Rigly we only support proof of steak🥩🤤 for #Bitcoin
Show us your steaks! #ProofOfSteak
Hash the dip 😉
GM! Stay humble & hash sats! ⛏️
Hey, thanks for the love on Stacker News! 📰
No shitcoining allowed.
Looking for high signal? Well, we're hosting our first mini-conference in February 2025.
Excited to announce Undermine 2025, The Heatpunk Summit!
This is the first dedicated Bitcoin Heat Reuse conference!
We're bringing together the best of hashrate heating and bitcoin mining to tackle real challenges.
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Why attend?
Hashrate Heating is an emerging industry with the potential to grow mining hashrate - while decentralizing the network and saving folks money.
FYI, the annual energy used for comfort heating is 250x greater than the total energy used for all of bitcoin mining.
—
Here's what we have in store for you:
💡Technical Panels and Presentations
🛠 Hands-on hardware demos
🗣 Workshops and roundtable problem-solving
🤝 Networking with miners, builders, tradesmen, and VCs
This summit is for the do-ers building the future of bitcoin heat reuse.
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Who’s this for?
✔ Bitcoin miners
✔ Firmware & pool developers
✔ HVAC, plumbing & electric contractors
✔ Engineers & tradesmen
✔ Builders, investors & plebs
We want YOU involved. We're building out the schedule. Interested in participating? Reach out to @tylerkstevens
—
Here are the details:
When: February 21-22, 2025
Where: The Space - Denver's Bitcoin Hub
We'll see you there!
Purchase tickets here and get more info here: https://t.co/8xSKU9Ol3L
We’re hearing this event was hot! 🔥 😉
GM! Stay humble & hash sats! ⛏️
We mention frequently that bitcoin mining means math.
It also takes luck. 🍀
But for now, let’s show you how to do the math so you can DYOR on Rigly hashrate auctions.
Here’s how to calculate the FPPS rate that most mining pools use:
What does that mean if you’re looking to bid on some hashrate at auction?
You have a few options:
1. You can solo mine, i.e. point it to your own node or a solo mining pool– check out nostr:nprofile1qyxhwumn8ghj7mn0wvhxcmmvqys8wumn8ghj7mn0wd68yttjv4kxz7fww3jhsctndpjkgem99eu8j7sqyq7jezkg8zyrx784ncdupq8p76wv8ssjcyymn8jpess7etzulu0lqs07j7q 's block parties at upendo.rigly.io, which which is basically a lottery.
2. You could mine some testnet bitcoin, #ferdaDevs.
3. You can point it to any one of a multitude of mining pools.
See our full tutorial 👇
https://blog.rigly.io/how-to-bid-on-rigly-auctions-20250127/
Yes. You can choose your pool (any pool) or point your solo miner our way. Payouts are both on-chain or lightning. You can choose. And you can always point your hashrate elsewhere at any time.
This is the way 🫡
One more pleb helping to decentralize bitcoin mining ⛏️
We always say GM. It’s the #nostr pleb way 💫