Definitions for understanding Bitcoin mining lingo.
Institutional and retail Bitcoin miners increasingly use hosted services for hashrate exposure.
Knowing how to join a mining pool is an important initial step in the process of starting to mine bitcoin or other cryptocurrencies.
Get started with the basics of how to mine bitcoin at home with this overview of the at-home mining setup process.
Scammers are everywhere. Use this checklist as a guide to stay safe while mining with Compass and avoid being scammed.
Hashprice (or "hash price") is a market value assigned to hashing power measured by $/TH/S/Day.
"Clean" blocks are a self-imposed compliance practice preferred by some Bitcoin miners.
An out-of-band payment refers to any payment to a miner not made on-chain as a transaction fee.
Nodes keep unconfirmed transactions in a memory pool before checking their validity.
Here are a few helpful guidelines for picking a mining pool.
Learn about mining protocols to improve the process of adding blocks and management software that helps run mining farms.
Compass miners have full control and ownership of their hardware.
A well maintained ASIC typically lasts 3-5 years, although longer is not unheard of.
The Bitcoin mining market has transitioned from CPUs to GPUs to ASICs since its inception.
Also called maximal extractable value, MEV can be used to garner additional revenue per block by moving certain transactions around inside a block.
Read some ideas for how miners can use their bitcoins.
Yes, Bitcoin’s supply is capped at 21 million, but halvings and block rewards push this number slightly lower.
Immersion mining systems are designed to store ASIC mining machines in large liquid-filled enclosures.
ASICs can be changed to increase their hash frequency, but it comes with tradeoffs.
Bitcoin mining facilities are often repurposed warehouses capable of hosting thousands of mining rigs under one roof.
Cheap electricity is the most important variable for Bitcoin miners to be aware of.
Bitcoin is legal to mine in almost all jurisdictions globally.
Hashrate tokens give exposure to bitcoin mining through a token available on many secondary markets.
Each mining pool pays out block rewards in different ways. Pick the best system to maximize your miners profit.
A miner can be paid fractions of multiple block rewards at a more regular interval by joining a mining pool.
Read weekly insights and research from the cryptocurrency industry's best mining analysts.
We hope you enjoy Compass Mining !
Please check your email to confirm your newsletter subscription, so you can be notified when new content from Compass Mining Research is released.