Educational What is an out-of-band payment? An out-of-band payment refers to any payment to a miner not made on-chain as a transaction fee.
Educational What software do miners use? Learn about mining protocols to improve the process of adding blocks and management software that helps run mining farms.
Educational How do I choose a mining pool? Here are a few helpful guidelines for picking a mining pool.
Educational Where can I buy or sell ASICs? Compass miners have full control and ownership of their hardware.
Educational How long do ASICs last? A well maintained ASIC typically lasts 3-5 years, although longer is not unheard of.
Educational What hardware do miners use? The Bitcoin mining market has transitioned from CPUs to GPUs to ASICs since its inception.
Educational What is miner extractable value (MEV)? Also called maximal extractable value, MEV can be used to garner additional revenue per block by moving certain transactions around inside a block.
Educational What is immersion mining? Immersion mining systems are designed to store ASIC mining machines in large liquid-filled enclosures.
Educational What is overclocking? ASICs can be changed to increase their hash frequency, but it comes with tradeoffs.
Educational What is a mining farm? Bitcoin mining facilities are often repurposed warehouses capable of hosting thousands of mining rigs under one roof.
Educational What are hashrate tokens? Hashrate tokens give exposure to bitcoin mining through a token available on many secondary markets.
Educational How are pool miners paid? Each mining pool pays out block rewards in different ways. Pick the best system to maximize your miners profit.
Educational What is a mining pool? A miner can be paid fractions of multiple block rewards at a more regular interval by joining a mining pool.
Educational What is mining difficulty? Bitcoin internally regulates how fast blocks can be produced using a mechanism called difficulty adjustment.
Educational What is merged mining? Merge mining is mining more than one cryptocurrency at the same time. It's most popular with Litecoin and Doge.
Educational What is cloud mining? Cloud mining is one method of getting exposure to bitcoin mining, but customers do not own their own hardware.
Educational How can I connect with other miners? Events and social media are the best ways to join the global mining community. Jump start your connections with our lists.
Educational What is a bitcoin? A bitcoin is technically an Unspent Transaction Output (UTXO), which is one way to organize payments on a blockchain.
Educational How do miners make money? A reward called the coinbase is paid to the miner who successfully adds the next block to the network before all the others.
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