303 sats \ 3 replies \ @WeAreAllSatoshi 23 Nov 2023 \ on: Try out bitcoin mining at Rigly - just 500 sats bitcoin
I think one aspect that folks should be aware of is Braiins Pool's 100K sat minimum payout (with 10K sat fees for payouts less than 1M sats, IIRC). I can't say for sure how many sats you'll earn with 88 TH/s running for 3 hours (maybe none, based on the pool's luck), but just be aware that you'll likely end up with nonredeemable sats in your Braiins Pool account. Just an FYI to newbies!
PS: If this minimum payout has changed, please correct me!
Edit: Source
Yes, this is correct!
With Braiins pool's share scheme -- Pay Per Last N Shares (PPLNS) -- you're not guaranteed a payout like with (Full) Pay Per Share (F/PPS) pools, which do pay the hashprice in sats/TH/s/day worth of work contributed.
Also, Braiins has a 0.001 btc or 100k sats payout threshold (all pools i'm aware of have payout thresholds)
Braiins however uses a fixed payout fee for under 0.01 btc or 1M sats (which is unique to them and not great imo).
With Rigly's "test drive" you're bascially paying 500 sats to try out mining. It's not necessarily going to pay dividends, but still, for a quarter you get real hashrate and could also potentially make a buck's worth of sats if you're lucky and Braiins finds a block, so there's that. Notice however, with 3 hours of hashrate you are v. unlikely to meet Braiins payout threshold.
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Yeah, this ^^^
The test drive is a simple way to try out mining. Meeting the pool payout minimum is another matter.
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