TL; DR

Bitcoin mining is complicated. Keep it simple and buy hashrate.

Mining ain't easy. You need an expensive ASIC mining rig and access to cheap electricity, or a company with access to cheap electricity to host your rig.

Thankfully, there is a better option.
Instead of buying expensive rigs, you can buy the hashrate you need on Rigly.

Why Buy Spot Hashrate?

We will not rug pull you, since mining farms who sell hashrate on Rigly are paid after your hashrate is delivered to your pool account.

Buying hashrate on Rigly offers several advantages over buying ASIC mining rigs:

Lower cost
Buying your own ASIC requires a substantial initial investment. High-end mining rigs can be particularly costly, and the investment doesn't stop there: maintenance and repairs add to the overall expense. Not to mention, rigs can become obsolete after each 4-year halving.

Buying hashrate, on the other hand, allows you to bypass these hefty costs.

No long-term commitment

Buying hashrate on Rigly offers you the flexibility to mine Bitcoin without the long-term commitment to own and maintain your own ASIC mining rigs.

Try out mining

You can experiment with buying hashrate at a low cost compared to buying your own ASIC mining rigs. Buying hashrate allows all bitcoiners to experience the thrill of mining bitcoin.

What's more, by actively participating in mining with select mining pools or via Stratum V2, you can play a part in determining which transactions are confirmed on the blockchain.

How much can I earn by mining bitcoin?
Your potential earnings from mining correspond with the amount of risk you take.

Solo mining

You can solo mine bitcoin with your own node or with a "solo pool" such as CK Pool. If you win a block during your mining term, all the proceeds go to you–minus 1-2% pool fees, if using a pool.

The downside is that if you don't find a block, you earn no bitcoin reward.

You should review the odds when solo mining and make choices based on your risk tolerance. Solo Chance provides a useful calculator for solo mining odds.

PPLNS mining pool

You can mine to a PPLNS pool such as Ocean Mining or SBI Crypto and, if the pool wins a block during your mining term, you earn a share of the reward.

With PPLNS payouts, it is important to note that if the pool does not win a block during your mining term, you may earn no reward.

PPS / FPPS mining pool

The majority of miners choose to use a "pay per share" mining pool, which pays for hashrate on a per-share basis, therefore removing the variance risk from bitcoin mining.

The use of a pay-per-share pool like Braiins, Luxor, or F2 Pool offers low risk; however you are less likely to earn a profit since hashrate on Rigly usually sells at a premium over the FPPS spot hashprice.

There are varying ways you can buy hashrate on Rigly!

Spot Auctions - Win an auction and buy hashrate at the spot market price and start mining right away.
Test Drive - Start mining for just 500 sats!
Instant Mining - Skip the auctions and buy varying amounts of hashrate at the spot market price.

Thanks for reading all the way,

Team Rigly