Rigly on Nostr: ⛏️ One of our users encountered an interesting bitcoin mining scenario. For the ...
⛏️ One of our users encountered an interesting bitcoin mining scenario.
For the same price as a Bitaxe Gamma, he could get 5X the hashrate from Rigly.
🟧 Naturally, he expected this to make him 5X more likely to win a block—but mining isn’t that simple. Luck, variance, and difficulty all play a role. 🍀
He thought his Rigly-powered mining would surpass his Bitaxe in mining difficulty and give him the best shot at a big share. But Bitcoin mining is unpredictable (if it were easy, everyone would do it). 🚀
📉 After running Rigly’s 2 PH/s for 24 hours, he hit a difficulty of 30B—much lower than expected. Meanwhile, his Bitaxe had recently hit 123B. This is the nature of mining—variance is real!
Over time, Rigly offers better odds due to a higher hashrate per dollar spent. It’s a long-term game of probability. 📈
🙋 Have you compared a Bitaxe to Rigly’s hashrate?
❓ What were your results?
❔ Would you like to see a deep dive into the math behind this?
Let us know! 🗣️
For the same price as a Bitaxe Gamma, he could get 5X the hashrate from Rigly.
🟧 Naturally, he expected this to make him 5X more likely to win a block—but mining isn’t that simple. Luck, variance, and difficulty all play a role. 🍀
He thought his Rigly-powered mining would surpass his Bitaxe in mining difficulty and give him the best shot at a big share. But Bitcoin mining is unpredictable (if it were easy, everyone would do it). 🚀
📉 After running Rigly’s 2 PH/s for 24 hours, he hit a difficulty of 30B—much lower than expected. Meanwhile, his Bitaxe had recently hit 123B. This is the nature of mining—variance is real!
Over time, Rigly offers better odds due to a higher hashrate per dollar spent. It’s a long-term game of probability. 📈
🙋 Have you compared a Bitaxe to Rigly’s hashrate?
❓ What were your results?
❔ Would you like to see a deep dive into the math behind this?
Let us know! 🗣️