Bids are getting out of my reach now :)
Well, it's for PH/s of hashrate, so I guess it makes financial sense, but this has moved from a cheeky bet game to a calculated odds business.
One can follow along here: https://upendo.rigly.io/pages/dashboard and bid here: https://upendo.rigly.io/auction-market
I have some hashes, but I've stopped bidding as it's becoming unmanageable for me.
And plus, it only about 8.8 PH / s, not even close to hit a block.
hashed a block at 33 trillion difficulty earlier today, not bad
granted, every hash is a unique dice roll
They just cancelled the big bids to make it more affordable again. But indeed, hashrate is not too high in such case, so i see it more as a cheeky bet with better odds than solomining.
the big size hashrate auctions displaced too many early miners
those auctions were removed, and the auction size is 21 TH/s now
this encourages new bidders to join with a low bar to enter
i still dont really understand how to bet successfully on the solo mine block parties 🤷♂️
Signup, place a bid, tell a few friends
The more people that mine together, the more likely we find a block
i know how to do it, i more dont understand how to value the bids if i were going to do it more than once just to try it out.
Bids are back in reach!
More 21 TH/s lots posted today
Noticed it. Thanks!
Oh yea I lost auctions yesterday or the day before, whenever it was shared here