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Looks like these guys were doing this last year (#1063774) and in 2024 (#784886).

Seems like kind of a fun way to gamble some sats. Can't say that I'd do it, but I can see the allure. Anyone ever done this?

Here's the nostr note:

Never done this but it looks like an awesome effort for anyone with a BitAxe.

For those who just want to rent some hashpower, where does the money go? I’d assume it goes to the miners looking for a block so they get paid even if the party doesn’t find a block, right?

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113 sats \ 1 reply \ @evanbaer 9 Feb

When you Buy Hashrate the funds go to Rigly.

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It doesn’t go to the miners that you’re buying the hash power from?

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I definitely misunderstood one of these events... I thought I could take my home miner and redirect to their pool and in the unlikely event we win, we all share the spoils (minus blahblah).

That doesn't seem to be the case, no?

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You can send your home miner to the party:

Click the tab under "I have a miner"

You can also buy hashrate to join the party.

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alrighty, will try that next round

update: no, I will noooot. It's at 1 am my time... seems not that much fun

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11 sats \ 1 reply \ @evanbaer 9 Feb

Yes it starts late in some time zones

You can buy beforehand - it runs for 18 hours