#Bitcoin mining has a handful of challenges for newcomers:
-It is the most competitive industry in the world
-The capital required to be competitive is high
-Tech you buy today may be obsolete in a year or 2
-You need cheap energy
Rigly (npub1t6e…3scu) founded by evanbaer (npub185k…4f7w) is a solution for anyone.
Rigly is a marketplace for hashrate.
It solves the troubles newcomers to Bitcoin mining have such as: difficulty setting up their own rig and finding cheap energy.
It also solves the problem of people paying for hashrate at hosted facilities and then losing their capital in the event these facilities go offline (multiple instances throughout the years of this occurring).
People interested in purchasing hashrate can go to the marketplace on Rigly and buy without worry that they will get robbed because payment is stored in escrow on chain until the buyers receive all of their hashrate. Additionally, there is an auction house where perspective buyers can bid on hashrate where the market decides the price.
As large corporations continue to add to their hashrate, Bitcoin mining becomes less distributed and also less censorship resistance.
Rigly also helps address this issue because with more people contributing, distribution and censorship resistance both increase.
Bitcoin mining is arguably the most private way to participate in the Bitcoin network. When you win SATs, you can sweep this fresh Bitcoin (with no prior transactions), directly into a hardware wallet.
No ties to any KYC exchange.
Rigly opens this privacy up to anyone.
Rigly helps make Bitcoin mining for anyone, again.
tristan / Tristan
npub1gl…ajun9
2024-11-05 02:18:23
Author Public Key
npub1glxyks0tk28hg8f6rmw0e7g265uhxh2pj9v660x0gppa6xadgmyswajun9Seen on
wss://relay.nostr.bandPublished at
2024-11-05 02:18:23Event JSON
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"content": "#Bitcoin mining has a handful of challenges for newcomers: \n-It is the most competitive industry in the world\n-The capital required to be competitive is high\n-Tech you buy today may be obsolete in a year or 2\n-You need cheap energy\n nostr:npub1t6el40knsq8hmrpr0m6tt3t0tr4pdeyhlt2qelwhgtwawddqx0xsv03scu founded by nostr:npub185kg4jpc3qeh3av7r0qgpc0knnpuyykppxueuswvy8k2ch8lrlcqrw4f7w is a solution for anyone.\n\nRigly is a marketplace for hashrate. \nIt solves the troubles newcomers to Bitcoin mining have such as: difficulty setting up their own rig and finding cheap energy.\n\nIt also solves the problem of people paying for hashrate at hosted facilities and then losing their capital in the event these facilities go offline (multiple instances throughout the years of this occurring).\n\nPeople interested in purchasing hashrate can go to the marketplace on Rigly and buy without worry that they will get robbed because payment is stored in escrow on chain until the buyers receive all of their hashrate. Additionally, there is an auction house where perspective buyers can bid on hashrate where the market decides the price. \n\nAs large corporations continue to add to their hashrate, Bitcoin mining becomes less distributed and also less censorship resistance. \n\nRigly also helps address this issue because with more people contributing, distribution and censorship resistance both increase.\n\nBitcoin mining is arguably the most private way to participate in the Bitcoin network. When you win SATs, you can sweep this fresh Bitcoin (with no prior transactions), directly into a hardware wallet.\nNo ties to any KYC exchange.\n\nRigly opens this privacy up to anyone.\n\nRigly helps make Bitcoin mining for anyone, again. ",
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