Gm nostr

In the future, we will (hopefully) look back on two eras of mining The old era, when mining was endless competition The new era, when mining was never ending cooperation

Mining is an competitive arms race. If there was a way for miners to cooperate, they could all shut off an equal % of ASICs, and earn the same amount of bitcoin with far less cost. What prevents this from happening?

Gm nostr New auctions posted for April 26th block party

Gm Nostr Happy Sunday

Block party solo mining vibe

Upendo mining ckpool address

CKstats

Real-time and historical statistics for the CKPool Bitcoin mining pool using data from their API.

Block party is up and running Still a few auctions for late arrivals Join us and try to mine a block Bids start from 100 sats https://upendo.rigly.io

I started the Upendo block party because it should be easy to spend a few sats and try to mine a block. Why a block party? B/c mining with other people improves the odds - and you still get the outsize reward incentive of solo mining Why a block party auction? Auctions allow early miners to get in for a low bid, and as more people join, higher bids go towards buying more hashrate, improving the odds for the whole party. It's like a flywheel. How often? The block party occurs on Saturday every few weeks. Where do I sign up? https://upendo.rigly.io

Mining party starts at noon ET View quoted note →