Rigly Newsletter for Epoch 403
Rigly news for the latest difficulty epoch
We entered the new difficulty epoch yesterday: October 16th, block height 812,448.
Bitcoin network difficulty is now 61.03 trillion (+6.47%)
Auctions
Today's auctions end in @ 19:50 US/Eastern time
![](https://blog.rigly.io/content/images/2023/10/Screenshot-2023-10-16-at-1.01.19-PM.png)
175 TH/s by future difficulty epoch
Start mining after the next difficulty adjustment.
More mining available in epochs 404, 405, and beyond
Platform update
![](https://blog.rigly.io/content/images/2023/10/Screenshot-2023-10-10-at-9.43.47-AM-1.png)
Our hash price calculator is now live
Use it to calculate hash price given a global network hashrate and Tx fee percentage. Calculate a hash price and use it to place a bid.
![](https://blog.rigly.io/content/images/2023/10/screenshot_2023-10-17_at_12.28.18_pm_480.png)
Active bids now available
You can now view your current auction bids in your account profile.
🚀
Do you have 15 mins to chat about Rigly?
Be the first person to reply and we'll give you a day of free hashrate!
Be the first person to reply and we'll give you a day of free hashrate!
Price Updates
Hashprice
- 210 sats/TH/s/day
![](https://blog.rigly.io/content/images/2023/10/Screenshot-2023-10-16-at-1.03.17-PM.png)
Network Hashrate
- Network Hashrate: ~452 EH/s
![](https://blog.rigly.io/content/images/2023/10/Screenshot-2023-10-16-at-1.06.35-PM.png)
Difficulty Adjustment
- Epoch 400 / September 5 -2.65%
- Epoch 401 / September 19 +5.48%
- Epoch 402 / October 3 +0.35%
- Epoch 403/ October 16 +6.47%
- Epoch 404 prediction at 60.95T (-0.12%) (Source: btc.com)
![](https://blog.rigly.io/content/images/2023/10/Screenshot-2023-10-16-at-1.08.15-PM.png)
Transaction Fees
Transaction Fees: 1.49% of block reward
![](https://blog.rigly.io/content/images/2023/10/Screenshot-2023-10-16-at-1.09.25-PM.png)
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Oct 16th fees were 1.49% of the block reward with a hashprice of 210 sats/TH/s/day
Mining News
September 🍁 PubCo Updates + Weird 🥴Macro Vibes & Sector Layoffs
W40 ’23 | 10.01-10.08.2023 | Issue XLVIII | Block Height 811276
![](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%2F5e3f6a5a-79e7-4c4f-9e88-41e05ee5bf6c_956x910.jpeg)
Did Bitcoin Mining Expedite Huawei’s Chip Comeback? - TheMinerMag
Unpacking the Chinese electronics giant’s potential ties with bitcoin mining chip and miner manufacturers.
![](https://theminermag.com/wp-content/uploads/2023/09/Screen-Shot-2023-09-02-at-1.53.51-PM.png)
Happy Tuesday!
Thanks for reading all the way,
Team Rigly