Hello stackers,
Since late last year, I've been running a solo mining "block party" every few weeks - upendo.rigly.io
How it works is you buy hashrate via auction, which is combined together and mines solo on CK Pool.
If we hash a block, we split the reward based on hashrate percentage.
You bid to join, and if the bid is high (over the cost of hashrate) then the overage buys bonus hashrate to improve the odds for the whole party.
Hashrate is sourced from Rigly and other hashrate markets (Nicehash or MRR)
Mining is competitive, with all miners racing to hash the next block, and the odds of hitting a solo block on your own are astronomical... in contrast, the odds of our block party hashing a block tomorrow - with 80 PH/s and climbing! - are 1 in 296.
Block party is a way to see mining from a different point of view, where mining can be a cooperative game. I call it "Upendo" because it "upends" the odds for solo mining, by giving bitcoiners a way to mine together.
There's plenty of room for new miners, and hashrate bidding starts at 100 sats.
Join us!