Rigly - Whitepaper Day Block Party [team solo mining]rigly.io/block-party
14k sats \ 50k boost \ 25 comments \ @evanbaer 31 Oct 2023 bitcoin
We're hosting a team solo mining run - aka Block Party - for Whitepaper Day 🎃
What is a Block Party?
A block party is a solo mining run with a team.
How it works
  • Many folks buy-in for a large amount of hashrate, which is then sent to a solo mining "pool" (CKPool) where the miner who finds the block earns the full block reward (6.25 bitcoin + fees!)
  • If a block is found, the organizer distributes the reward
  • Block parties do not use a traditional mining pool, there is a large chance of earning no reward
How to join
  • https://rigly.io/block-party
  • Pick your contribution to the Block Party (21, 100, or 210 TH/s)
  • Today at 14:10p ET, monitor the progress of the Block Party 🤞
write
preview
related posts
345 sats \ 6 replies \ @justBrian 31 Oct 2023
Fun, im in 🙂
reply
10 sats \ 5 replies \ @evanbaer OP 31 Oct 2023
Hurray!
reply
0 sats \ 4 replies \ @justBrian 31 Oct 2023
If a block were to be won, how is the payout distributed ?
reply
10 sats \ 3 replies \ @evanbaer OP 31 Oct 2023
The share of reward is based on how much hashrate you contribute. See “potential reward per TH/s” on the details tab.
reply
60 sats \ 0 replies \ @evanbaer OP 31 Oct 2023
^ and you’ll enter in your btc address in your account profile (there will be an email reminder for this once the mining starts)
reply
0 sats \ 1 reply \ @justBrian 31 Oct 2023
Oh ya but how do i actually receive it, i get an email to provide a btc address ?
reply
50 sats \ 0 replies \ @evanbaer OP 31 Oct 2023
Look under “refund address” under View my account.
You’ll get an email reminder to set this, too
reply
10 sats \ 7 replies \ @fm 31 Oct 2023
Gotta love this post where the user gets a negative 1546 margin using rigly
#299833
somethings not rigth
reply
50 sats \ 2 replies \ @evanbaer OP 31 Oct 2023
Hi, I just replied to that thread -- the low earnings appear to be due to mining on Braiins pool, for a short time frame when the pool found few (or zero) blocks.
Different pools have different payout formats which impact the per-day earnings.
reply
0 sats \ 0 replies \ @fm 31 Oct 2023
deleted by author
reply
0 sats \ 0 replies \ @fm 31 Oct 2023
honestly the project seams nice.. but those numbers came out bad
reply
0 sats \ 3 replies \ @justBrian 31 Oct 2023
Doesnt matter what they earned, did they deliver the hashrate ?
reply
0 sats \ 2 replies \ @fm 31 Oct 2023
dont ask me.. Seams not with those massive losses.. better buy your own lottery miner i guess.. never before had seen such loss on a mining order.. i had losses on orders, like a minus 3.. having a minus 1500 is plain ridiculous
reply
0 sats \ 1 reply \ @netstatic 1 Nov 2023
"Lottery miners" like the nerdminer are worse than lotteries.
Although a bit dramatic, Luke Dash Jr echoes some of these sentiments: https://x.com/LukeDashjr/status/1717647290729468153
i had losses on orders, like a minus 3
I don't know what -3 means to you here but mining isn't always profitable, especially if it's only over 24h and with a potentially weak hashrate (the linked post didn't say). I don't know how you arrived at the conclusion that you'd never have any losses with mining, it's just not realistic.
reply
0 sats \ 0 replies \ @fm 2 Nov 2023
i had losses.. in small amounts, If you calculate the margins a minus 1500 means a HUGE loss..
I know lottery miners are shit but at least you get your tiny hash running everyday with better odds i guess
reply
500 sats \ 0 replies \ @nicop 31 Oct 2023 freebie
join the Rigly Community telegram: https://t.me/+AEvub_E_9hNiYzAx
reply
200 sats \ 1 reply \ @justBrian 31 Oct 2023
Has it started yet ?
reply
0 sats \ 0 replies \ @evanbaer OP 31 Oct 2023
Working on it -
Getting the block party page updated now
For now, you can view stats here: https://solo.ckpool.org/users/39MB5SHzbQT27oGNraKcq1ZTEgvvgWruZA
(The escrow address is the username at CKPool)
reply
0 sats \ 1 reply \ @evanbaer OP 31 Oct 2023
Block party started
Details to come!
reply
0 sats \ 0 replies \ @evanbaer OP 1 Nov 2023
And ... no block found this time :(
Details: https://rigly.io/block-party
reply
0 sats \ 4 replies \ @justBrian 31 Oct 2023
Do you offer solo mining on the regular or is this just for the white paper bday ? Or is regular hash renting only possible via pools with accounts? Thanks
reply
50 sats \ 3 replies \ @evanbaer OP 31 Oct 2023
Today's block party is a special event.
Normally, we just sell hashrate and you send it directly to your mining pool account. Rigly sells hashrate in 2 formats:
  • Spot
  • Auction
Spot hashrate allows you to start mining right away. The auctions allow you to buy hashrate in future difficulty epochs - with open market pricing.
reply
100 sats \ 2 replies \ @justBrian 31 Oct 2023
Fascinating. Ya i just tried out the instant hash, worked perfectly. So is that an individual machine that is delivering the hash from some maker working with you ?
reply
0 sats \ 1 reply \ @evanbaer OP 31 Oct 2023
Nice!
Yes, we have a couple mining farm partners who sell hashrate via our marketplace.
Their mining rigs point to our stratum proxy, where the hash is forwarded to your mining pool account.
reply
200 sats \ 0 replies \ @justBrian 31 Oct 2023
I paid for 88 terahash and so far getting about 100. Guess i got a good machine ☺️
reply