Thanks for the explanation. Is it the same idea on a 30+ day timeframe? You pay upfront for the hash when you win the bid and what you would earn during the timeframe is a bit lower than what you bid? Does all the hashrate go to the winner or a part goes to Rigly?

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Rigly 1 year ago
The auctions allow for the market to establish the price. The market could bid over or under the going fpps price. All the hashrate goes to the buyer. Rigly takes it’s fee from the initial payment, not from the hash rate.