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By Team Rigly — Jan 8, 2024

Rigly Newsletter for Epoch 409

We entered the new difficulty epoch on Friday, January 5th, block height 824,544.

Bitcoin network difficulty is now 73.20 trillion (+1.65%).

Platform Update

We moved to a spot auction format for immediate hashrate delivery.

Going forward, your hashrate will begin delivery once you complete payment for your winning bid. For more details, check out our recent blog post: Why buy spot hashrate?

Upcoming Features

We're working on integrating our new Hashrate Delivery System, which will allow you to view the hashrate delivery graph for all your orders. We're also working on improvements to the escrow user experience.

Spot Auctions

Buy hashrate at the spot market price and start mining right away.

90 TH/s USA Mining

7 days of mining. Closing bid at 5pm Eastern Time.

View this auction

Network Data

Hashprice

190 sats/TH/s/day

source: https://data.hashrateindex.com/

Network Hashrate

Network Hashrate: ~531 EH/s

source: https://data.hashrateindex.com/

Difficulty Adjustment

Epoch 406 / November 25 +5.07%
Epoch 407 / December 9 -0.96%
Epoch 408 / December 23 +6.98%
Epoch 409 / January 5 +1.65%
Epoch 410 prediction at 70.99T (-3.01%) (Source: btc.com)

Transaction Fees

Transaction Fees: 11.09% of block reward

source: https://data.hashrateindex.com/

🚀

Jan 8th fees were 11.09% of the block reward with a hashprice of 190 sats/TH/s/day.

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88 TH/s for 3 hrs

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Start Mining Now

Are you still waiting to pull the trigger on your mining journey?

Start mining now with our Test Drive for just 500 sats!

Worthwhile Reading

Happy Monday!

Thanks for reading all the way,

Team Rigly