Mining Newsletter Sep 28

The week brings a slight difficulty drop of 2.14%, more losses from large bitcoin miners. And we're trying out fixed-price mining plans

Mining Newsletter Sep 28

Hello and Happy Wednesday

Rigly provides an easy way to mine bitcoin at a fair price. Our mining newsletter shares information to help you understand mining better.

We’ll begin releasing our newsletter in lockstep with bitcoin’s difficulty adjustments, every 2016 blocks or ~2 weeks.

Difficulty Adjustment #375

UTC 02:56, Wed., Sept. 28th, 2022

Block Height: 756,000

Difficulty: 31.36 T -2.14%

Hashrate: 222.65 EH/s

Block Interval: 613 seconds

Difficulty Period: 14.48 days

Hashprice: 409 sats/TH/day

When mining difficulty goes down, hashprice goes up [Image source: Hashrate Index]

Industry News

Large mining firm Compute North has filed for chapter 11 bankruptcy - CoinDesk and Hashrate Index

Miners including Bitdeer, Cipher, and Iris Energy are raising capital to grow in the current bear market

Renewable-based miner ACDC raised $8M in series A financing

Community Bitcoin Mining

The Bitcoin Lake project in Guatemala has started mining bitcoin with used cooking oil - read more: Bitcoin magazine

Current Mining Subscriptions

Sign up and start mining bitcoin right away. All plans are compatible with PPS and FPPS mining pools.

Coming soon

More mining plans. More miners in our marketplace. And a surprise auction.

(stay tuned)

Thanks for reading all the way.