139 sats \ 9 replies \ @Zepasta 3 Dec 2023 \ on: Sunday Survey: Do you mine? bitcoin
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also for me
- not sure what to do with waste heat
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Yes, that's important factor. I turn it on mostly only when I need extra heat. That is benefit for small miners living in the North, even being in loss if looking at electricity cost vs mined bitcoins, you still can be kinda profitable, because you don't turn on ordinary electric heater which consumes electricity too but produces zero sats.
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Ok so I have to say our hashrate auctions at rigly.io solve all of these problems
- Electricity cost built-in
- Bid on future hashrate by difficulty epoch, way less $ than a buying a rig
- No noise!
You get hashrate sent to your mining pool account - with the potential of mining at a profit - and your payment is held in on-chain escrow.
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rigly is legit af way for plebs to participate in mining. its fun too!
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Do i get to choose the pool?
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Yep - you enter your pool details at sign-up, or enter them later on
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Does it have any KYC required?
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no kyc
- bitcoin only
- funds are held in onchain multisig escrow with marketplace sellers (mining farms)
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- Electricity prices too high
- Upfront cost too high
- Too noisy
that's right sir.