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


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

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Worthwhile Reading

Nebraska Bill Seeks Fair Play For Crypto Mining, Ownership \ stacker news ~Mining_Self_Hosting_FOSS
The Blockchain Basics Act would allow individuals to host blockchain nodes and conduct crypto mining operations in residential properties without any license requirements, among other benefits.
Core Settles $34M Claims Stemming from 70K Non-Existent Miners - TheMinerMag
The dispute between Core, Sphere, and Gryphon sheds light on how the 2021 grand dreams of bitcoin mining ended in the crypto winter of 2022.
Court Allows Core to Host 4.1 EH/s Bitcoin Hashrate for Bitmain - TheMinerMag
Core Scientific has received court approval to buy 27,000 S19j XPs from and host another 27,000 S19j XPs for Bitmain.
Riot Executives Shoot for $200 Million in Restricted Stock Rewards - TheMinerMag
Senior executives of bitcoin miner Riot are taking a long shot at vesting as many as 13.3 million shares if things go as planned by 2026.

Happy Monday!

Thanks for reading all the way,

Team Rigly

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