Intro Hashrate Accounting: Mining for the masses
This talk explores the concept of Hashrate Accounting and its potential to enhance Bitcoin privacy and expand mining operations. Beginning with an examination of the Bitcoin mining network's massive scale (600 exahashes/second), we'll discuss how hashrate marketplaces function and why miners sell their computational power. The presentation explains the role of hashrate proxies in facilitating forward privacy on-chain. Finally, we'll explain how Rigly brokers hashrate between miners and retail customers, and how we are facilitating the expansion of mining operations in areas with stranded energy.