#Bitcoin mining Block party is on Still a few auctions open for late arrivals https://upendo.rigly.io image
Gm nostr Upendo #bitcoin mining block party starts in less than 1h image
Good morning nostr 👋
The arms race aspect of #bitcoin mining: a bug or a feature? The more miners compete with each other, the more network difficulty goes up and the less they make. If miners could cooperate at scale, they would all benefit from lower network difficulty. But this is a hard problem! Does bitcoin solve cooperation at scale?
Everyone says “mining is too centralized” Few people do anything about it Every auction chips away at hashrate going to the Big Pools Join us ⛏️ https://upendo.rigly.io
⛏️ It’s only 1,000 sats to get started with hashrate auctions on Rigly.  - 3 hours of hashrate - Braiins pool account - or: use any pool you like @OCEAN If you’d like to get started, I’ll zap you the 1k sats - just reply in this thread. https://rigly.io/test-drive
Starting to appreciate dark mode.
Something that occurs to me re these points What if #bitcoin is the CBDC? Consider if you buy bitcoin on a US exchange: 1. You buy bitcoin (with KYC) 2. Your bitcoin address is linked with your personal info 3. Your future spending of that bitcoin is visible on-chain How is this BTC different than a CBDC? What am I missing? View quoted note →
Alright let's give away some privacy for today's #zapathon 1. You interact with this post 2. I zap you 500 sats 3. You try the 3 hour mining test drive (500 sats) on rigly.io Get kyc-free bitcoin the easy way with Rigly. @Rigly image