Gm nostr 👋

Also Zero 7.

Portishead.

Everyone says bitcoin makes coordinated action possible … then HODLs and maybe buys a bitaxe to solo mine. You can mine with other bitcoiners and increase your solo odds 1,000x Upendo!

Block party this Saturday Join me for a solo mining run: https://upendo.rigly.io Bid on hashrate Earn bonus hashrate We mine solo, together on CKPool Spend a few sats for a chance at 3.125 bitcoin. https://upendo.rigly.io

Block party odds now 1 in 160 30 PH/s and rising Don’t miss out upendo.rigly.io

Getting a mining block party going is like moving a mountain upendo.rigly.io You need serious hashrate Some fool has to get the party started Today I am that fool -10 PH/s free hashrate - I match all high bids Current odds of hitting a block solo? 1 in 2 million Current odds of hitting a block in our block party? 1 in 800 Don’t miss out. https://upendo.rigly.io

I built Upendo as an experiment To see how people can mine bitcoin together and try to find a block Trouble is getting momentum for enough hashrate to have a real chance How to get the flywheel to spin? How to get many people to bid? Maybe new things require new incentives

Morning thought: What if the answer to bitcoin mining centralization is lottery mining?

2+ years ago, I set out to build @`Rigly` How's it going? There’s new mining going up in Nigeria, bringing electricity to communities, as a direct result of bitcoiners buying hashrate (Trojan Mining) on Rigly. For buyers, Rigly is the only place where you can bid on hashrate at auction and get a fair market price. Where it’s possible to buy mining p2p from mining farms - and mine at a profit For sellers, we’re learning more about what mining farms need and building a Seller Portal to give the same view as a mining pool. We see new signups each day. It’s been a joy to build something useful.

Block party at 18 PH/s and rising ⛏️

#bitcoin block party hashing right along

In the old days of bitcoin, you could mine on your computer and get lucky (so I’ve heard) Solo mining with a bitaxe makes that possible again - but it’s a 1 in millions chance of finding a block. Solo mining with a group improves the odds 20-100x The answer to #bitcoin mining centralization might be bitcoiners mining together - solo as a group - like a raffle at a baseball game. I built Upendo to try out this idea. Check it out, bid on some hashrate and join our mining block party ⛏️ https://upendo.rigly.io

Lols View quoted note →

I think what has been missing in #bitcoin is 2 things 1. Simple way to mine 2. Incentive to do it The bitaxe and @Rigly address #1 I’m just now seeing the incentive for #2 The incentive for mining on an individual level is not the block subsidy… It’s the fact that, if everyone can acquire hashrate and make the same choice (band together, mine a block) then the incentive is to be the *first* to make that choice - and profit What we’re learning in the block party is how to coordinate the same choice - where, much like the first buyers of bitcoin, the early miners in a block party are rewarded - if they can pull in enough people to mine the block in time! It’s an idea in progress.. Come learn with me - I’m coordinating the same choice and trying to mine a few sats. upendo.rigly.io

Just hashed a 33 trillion difficulty block Will you be mining with us when we hash a winner? https://upendo.rigly.io @Rigly #bitcoin

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

Blocky party is underway with 5 PH/s We keep mining till we find a block ⛏️ Bid on hashrate to join Share with friends and earn bonus hashrate https://upendo.rigly.io