Educational How Bitcoin mining hosting works Institutional and retail Bitcoin miners increasingly use hosted services for hashrate exposure.
Educational Here’s how to join a mining pool. Knowing how to join a mining pool is an important initial step in the process of starting to mine bitcoin or other cryptocurrencies.
Educational The Basics of Mining Bitcoin at Home Get started with the basics of how to mine bitcoin at home with this overview of the at-home mining setup process.
Educational 7 tips for spotting and avoiding Bitcoin mining scams. Scammers are everywhere. Use this checklist as a guide to stay safe while mining with Compass and avoid being scammed.
Educational What is hash price? Hashprice (or "hash price") is a market value assigned to hashing power measured by $/TH/S/Day.
Educational What are "clean" blocks? "Clean" blocks are a self-imposed compliance practice preferred by some Bitcoin miners.
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 is a mempool? Nodes keep unconfirmed transactions in a memory pool before checking their validity.
Educational How do I choose a mining pool? Here are a few helpful guidelines for picking a mining pool.
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 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 When will all bitcoins be mined? Yes, Bitcoin’s supply is capped at 21 million, but halvings and block rewards push this number slightly lower.
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 How much does it cost to mine bitcoin? Cheap electricity is the most important variable for Bitcoin miners to be aware of.
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.