As Romain (the CEO), Damian (VP Technologies), and Simon (the Bitcoin Chief) tell it, Club Mining is a simple idea with two components. The first is cloud mining, which allows users to rent remote computing power to mine their own bitcoin. It lets users reap mining fees without worrying about constantly updating their hardware and fluctuating energy costs. Until the full cloud-mining service goes live any week now, SATO is giving out free sats from its mining farms.

The second component adds friends to the mix so that budding cloud miners can learn from each other and trade notes. That’s why the second component of Club Mining is a chat room based on Nostr. SATO gives each user a few sats to get started and a few more each day for active participation, which users can spend on posting and tipping each other. The message board includes both DMs as well as public channels, and the club mining wallet allows solo miners to stack their sats over Lightning cheaply and easily.

The combination of cloud mining and social media basically pays users for hanging out and learning more about bitcoin.