Rigly Newsletter for Epoch 402
Rigly newsletter for difficulty epoch 402
We entered the new difficulty epoch today: October 3rd, block height 810,432.
Bitcoin network difficulty is now 57.32 trillion (+0.35%)
Auctions
Today's auctions end in 3 hours @ 6:00 PM US/Eastern
More mining available in epochs 403, 404, and beyond
Platform update
![](https://blog.rigly.io/content/images/2023/10/auction_market_sort.png)
View auctions in the marketplace
Now you can sort by mining start date, bid, hashprice and time remaining
🐞
If you experience any bugs or have feedback on the product, please reach out to us at hello@rigly.io
Price Updates
Hashprice
- 225 sats/TH/s/day
![](https://blog.rigly.io/content/images/2023/10/Screenshot-2023-10-03-at-9.43.22-AM-1.png)
Network Hashrate
- Network Hashrate: ~416 EH/s
![](https://blog.rigly.io/content/images/2023/10/Screenshot-2023-10-03-at-9.44.30-AM.png)
Difficulty Adjustment
- Epoch 399 / August 22 +6.17%
- Epoch 400 / September 5 -2.65%
- Epoch 401 / September 19 +5.48%
- Epoch 402 / October 3 +0.35%
- Epoch 403 prediction at 57.97T (+1.13%) (Source: btc.com)
![](https://blog.rigly.io/content/images/2023/10/Screenshot-2023-10-03-at-12.00.07-PM.png)
Transaction Fees
Transaction Fees: 2% of block reward
![](https://blog.rigly.io/content/images/2023/10/Screenshot-2023-10-03-at-9.50.14-AM.png)
🚀
Oct 3rd fees were 2.00% of the block reward with a hashprice of 225 sats/TH/s/day
Mining News
3 Takeaways from Mining Disrupt as Hashrate/Hashprice Hodl Steady in July
W 30 ’23 | 7.24-7.30.2023 | Issue XXXVIII | Block Height 800961
![](https://substackcdn.com/image/fetch/w_1200,h_600,c_fill,f_jpg,q_auto:good,fl_progressive:steep,g_auto/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F12875867-4a99-4ac5-b45d-82a6b5bbda84_1850x1102.png)
Core seeks to settle $80m claims at a 46% discount - TheMinerMag
Subject to the bankruptcy court’s approval, the settlements will total $38m in cash and notes payable to four infrastructure suppliers.
![](https://theminermag.com/wp-content/uploads/2022/11/DSC3105.jpeg)
NYDIG, Galaxy Ramp Up Bitcoin Mining Revenues - TheMinerMag
A look into how the two bitcoin asset managers have swiftly increased mining infrastructure revenues through bear market consolidation.
![](https://theminermag.com/wp-content/uploads/2022/11/MG_7116.jpeg)
Difficulty ATH 🚀 As Bitmain Balls⛹🏽Out with 200T/335T ASICs 🔥 & $CORZ Investment!
W38 ’23 | 09.18-09.24.2023 | Issue XLVI | Block Height 809200
![](https://substackcdn.com/image/fetch/w_1200,h_600,c_fill,f_jpg,q_auto:good,fl_progressive:steep,g_auto/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F9892b867-d5ac-4fb4-843f-28441134ab31_1200x713.png)
Happy Tuesday!
Thanks for reading all the way,
Team Rigly