[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"glossary-list-en-all-1":3},{"items":4,"buckets":278,"total":510,"page":511,"perPage":512,"totalPages":513,"availableLetters":514},[5,11,16,21,26,31,36,42,47,52,57,62,67,72,77,83,88,93,99,104,110,115,120,126,131,137,142,147,152,158,164,170,175,180,185,190,195,200,205,210,215,220,225,230,235,241,246,251,256,262,267,272],{"id":6,"slug":7,"term":8,"shortDefinition":9,"firstLetter":10},"e0eb6f30-791d-44f6-9a4b-3da357b55cde","air-cooling","Air Cooling","Air cooling is the process of using fans or ventilation systems to dissipate the heat generated by mining hardware during the mining process. In Bitcoin mining, air cooling is a common and cost-effective method to maintain the operating temperature of ASIC miners, GPUs, and other mining equipment. While air cooling is less efficient than immersion cooling, it is widely used in mining rigs due to its simplicity, accessibility.","A",{"id":12,"slug":13,"term":14,"shortDefinition":15,"firstLetter":10},"b108a34a-524b-41bf-a98d-e0ca0c4cb65b","altcoin","Altcoin","Altcoin is a term used to refer to all cryptocurrencies other than Bitcoin. The name \"altcoin\" comes from the combination of \"alternative\" and \"coin,\" signifying that altcoins serve as alternatives to Bitcoin. Altcoins can have different features, use cases, and consensus mechanisms compared to Bitcoin. They are created with the goal of offering unique functionalities, improving on Bitcoin’s limitations, or serving specific industries or purposes.",{"id":17,"slug":18,"term":19,"shortDefinition":20,"firstLetter":10},"c1985bd1-d4ae-4b62-b765-f5d0d3a0537f","antminer","Antminer","Antminer is a brand of ASIC (Application Specific Integrated Circuit) mining hardware developed by Bitmain. Antminer devices are specifically designed for cryptocurrency mining, particularly Bitcoin, and are known for their high efficiency, power, and performance. Learn how ASIC devices are used.",{"id":22,"slug":23,"term":24,"shortDefinition":25,"firstLetter":10},"a9498b6a-3be3-4f39-8b5e-b42c8a52b490","asic-application-specific-integrated-circuit","ASIC (Application-Specific Integrated Circuit)","ASIC (Application-Specific Integrated Circuit) is a type of hardware designed specifically to perform a particular task - in the case of Bitcoin mining, ASICs are tailored to solve the cryptographic puzzles required for Proof of Work (PoW) mining. ASICs are optimized for efficiency, speed and power&",{"id":27,"slug":28,"term":29,"shortDefinition":30,"firstLetter":10},"f70c4c1a-4f6a-44d9-a515-26d4995c9d9d","asic-lifespan","ASIC Lifespan","The lifespan of an ASIC (Application-Specific Integrated Circuit) miner refers to the duration during which the device remains operational and effective for Bitcoin mining. ASIC miners are designed to perform a specific task (mining) and have a finite operational life, influenced by factors like hardware wear, technological advancements, and cooling systems. A typical ASIC miner can last anywhere from 2 to 5 years, depending on maintenance, usage, and environmental conditions.",{"id":32,"slug":33,"term":34,"shortDefinition":35,"firstLetter":10},"6cca5247-f8ca-4a24-9c5e-781698eb7aab","avalonminer","AvalonMiner","AvalonMiner is a series of ASIC (Application Specific Integrated Circuit) mining devices designed and manufactured by Canaan Creative. Learn more about AvalonMiners what was to built specifically for Bitcoin mining and are known for their energy efficiency, performance, and reliability. ",{"id":37,"slug":38,"term":39,"shortDefinition":40,"firstLetter":41},"bdca4f67-3701-4b53-9e2b-2df3166d3b63","bitcoin","Bitcoin","Bitcoin is a decentralized digital currency that allows peer-to-peer transactions without the need for a central authority like a bank or government. It operates on a blockchain, a distributed ledger maintained by a network of computers. Bitcoin is secured through cryptographic algorithms and created through a process called mining, where participants validate transactions and add new blocks to the network.","B",{"id":43,"slug":44,"term":45,"shortDefinition":46,"firstLetter":41},"f3f75049-778b-49a9-892e-04e2bff31417","bitcoin-price-volatility","Bitcoin Price Volatility","Bitcoin price volatility refers to the degree of fluctuation in the price of Bitcoin over a given period. Since Bitcoin is a decentralized asset, its price is influenced by a variety of factors, including market demand, investor sentiment, regulations, and macroeconomic conditions. Price volatility can be significant, with Bitcoin’s price sometimes changing dramatically within short time frames. For Bitcoin miners, these price fluctuations can have a major impact on profitability.",{"id":48,"slug":49,"term":50,"shortDefinition":51,"firstLetter":41},"34e79dd2-af51-443e-8ea8-643611a81033","block","Block","A block is a unit of data in a blockchain that contains a group of verified transactions, along with a timestamp and a reference to the previous block. Blocks are added to the blockchain through mining and are secured using cryptographic hashing and tamper-resistant chain of records.\n",{"id":53,"slug":54,"term":55,"shortDefinition":56,"firstLetter":41},"c4d77216-c3cd-490f-b859-b4164e695d88","block-height","Block Height","Block height is the number that represents a block’s position in the blockchain, counting from the very first block (genesis block). It indicates how many blocks have been added before a specific block, helping track the length and history of the blockchain in a chronological and verifiable way.",{"id":58,"slug":59,"term":60,"shortDefinition":61,"firstLetter":41},"3d8ac13a-ef6c-49fd-a4be-8390619a982c","block-propagation","Block Propagation","Block propagation is the process by which a newly mined block is shared across the Bitcoin network. Once a miner successfully mines a block, it is broadcast to the network so that all other nodes can verify and add it to their copies of the blockchain. ",{"id":63,"slug":64,"term":65,"shortDefinition":66,"firstLetter":41},"3de13f17-9e8e-46f9-9a10-af9378547d30","block-reward","Block Reward","Block reward is the amount of cryptocurrency given to a miner for successfully validating transactions and adding a new block. It consists of newly created coins and transaction fees included in the block. In Bitcoin, the block reward is reduced over time through a process called halving.",{"id":68,"slug":69,"term":70,"shortDefinition":71,"firstLetter":41},"703383e5-d9f4-4a54-8d42-3d643af4cd5a","block-subsidy","Block Subsidy","The block subsidy is the fixed reward that miners receive for successfully mining a new block on the Bitcoin network. It is composed of two parts: the block reward (which is a fixed number of Bitcoin) and any transaction fees included in the block. The block subsidy decreases over time through a process known as \"halving,\" which happens approximately every four years.",{"id":73,"slug":74,"term":75,"shortDefinition":76,"firstLetter":41},"9040bb75-41e2-4e69-9a0b-5a83ff81b06b","blockchain","Blockchain","Blockchain is a decentralized digital ledger that records transactions across a distributed network of computers. It stores data in blocks linked together in chronological order and secured using cryptography. Once recorded, information on a blockchain cannot be easily altered, making it a transparent and tamper-resistant system widely used in Bitcoin and other cryptocurrencies.",{"id":78,"slug":79,"term":80,"shortDefinition":81,"firstLetter":82},"8499b747-44da-436f-a1b2-005476fdb9c9","capex","CAPEX (Capital Expenditure)","CAPEX (Capital Expenditure) refers to the funds spent by a Bitcoin miner or mining operation on acquiring, upgrading, or maintaining physical assets such as mining hardware (ASICs or GPUs), infrastructure, and other long-term investments. These expenditures are typically one-time costs incurred to set up a mining operation and are considered as investments to improve the miner's capacity to generate revenue over time.","C",{"id":84,"slug":85,"term":86,"shortDefinition":87,"firstLetter":82},"0a4e7519-7618-499a-a8b1-a1365a60882e","cloud-mining","Cloud Mining","Cloud mining is a method of mining cryptocurrencies, such as Bitcoin, without the need to own or operate mining hardware. Instead, miners rent computational power from a third-party provider, who owns and operates the hardware in data centers. This allows individuals to mine cryptocurrencies remotely without the associated costs of purchasing, maintaining, or setting up physical mining rigs.",{"id":89,"slug":90,"term":91,"shortDefinition":92,"firstLetter":82},"12509c6a-f6a9-413d-a9ac-943492e27a3d","coinbase-transaction","Coinbase Transaction","Coinbase transaction is a special type of transaction in a blockchain that is created as the first transaction in a block. It has no inputs and is used to collect the block reward, including newly generated coins. In Bitcoin, it is the mechanism through which new BTC enters circulation.",{"id":94,"slug":95,"term":96,"shortDefinition":97,"firstLetter":98},"1ee949d6-4b0a-4c28-ac18-27c4a44c30c1","difficulty","Difficulty","Difficulty is a measure of how hard it is to solve the cryptographic puzzle required to add a new block to the Bitcoin blockchain. It adjusts approximately every 2016 blocks to ensure that blocks are mined roughly every 10 minutes, regardless of how much computing power is in the network.","D",{"id":100,"slug":101,"term":102,"shortDefinition":103,"firstLetter":98},"b2252bee-32e0-4565-ba81-9a64bb422b35","difficulty-adjustment","Difficulty Adjustment","Difficulty adjustment is the process by which the Bitcoin network changes the mining difficulty every 2016 blocks to ensure that new blocks are mined at a consistent rate of one every 10 minutes. This adjustment is designed to accommodate fluctuations in the network's total computational power.",{"id":105,"slug":106,"term":107,"shortDefinition":108,"firstLetter":109},"ce33927e-0a72-4330-9722-bd17936a5b44","electricity-cost-per-kwh","Electricity Cost per kWh","Electricity cost per kWh refers to the price a miner pays for each kilowatt-hour (kWh) of electricity consumed by mining equipment. Since Bitcoin mining requires significant computational power, electricity costs are one of the largest ongoing expenses for miners. This cost is typically measured in dollars per kWh and varies depending on the location, electricity provider, and local rates.","E",{"id":111,"slug":112,"term":113,"shortDefinition":114,"firstLetter":109},"fa8f1b52-6011-480d-a24b-84ee20674f2c","energy-consumption-per-btc","Energy Consumption per BTC","Energy consumption per BTC refers to the amount of electrical power required to mine one Bitcoin. This metric is important for Bitcoin miners as it helps them understand how much energy is needed to solve the complex cryptographic puzzles required for mining a single Bitcoin. Energy consumption per BTC is influenced by factors such as mining hardware efficiency, electricity rates, network difficulty, and the overall efficiency of the mining setup.",{"id":116,"slug":117,"term":118,"shortDefinition":119,"firstLetter":109},"4c62c388-7f75-4af1-ba6f-4ca8f4f5d715","energy-efficiency","Energy Efficiency","Energy efficiency in Bitcoin mining refers to the ability to perform mining operations using the least amount of electricity possible, while maximizing the output of mining rigs. In Bitcoin mining, the main energy-consuming component is the mining hardware, such as ASIC miners or GPUs. Energy efficiency is crucial for miners to maintain profitability, as electricity is one of the largest operational expenses.",{"id":121,"slug":122,"term":123,"shortDefinition":124,"firstLetter":125},"b629f53f-5dba-4dc0-b655-16f1f17682bd","firmware","Firmware","Firmware is a type of software that is embedded into hardware devices like Bitcoin miners to control their operations. In the context of mining hardware (such as ASIC miners), firmware manages the device’s basic functions, including the mining algorithm, power management. ","F",{"id":127,"slug":128,"term":129,"shortDefinition":130,"firstLetter":125},"c1cd9775-ba3b-41b4-b03f-dc26e14d8510","fpps-full-pay-per-share","FPPS (Full Pay Per Share)","FPPS (Full Pay Per Share) is an enhanced payout model used by mining pools to distribute rewards to miners. In FPPS, miners are paid a fixed amount for each share they contribute to the pool, just like the standard PPS model. FPPS goes a step further by including both the block reward and the transaction fees in the payout, ensuring that miners receive 100% of the reward from both sources.",{"id":132,"slug":133,"term":134,"shortDefinition":135,"firstLetter":136},"6c0c3a92-a217-4ee6-b0bf-761839211e02","halving","Halving","Halving is an event in Bitcoin mining that occurs every 210,000 blocks, reducing the block reward by 50 %. It is designed to control Bitcoin’s supply, making the cryptocurrency more scarce over time. Bitcoin halving happens approximately every four years.","H",{"id":138,"slug":139,"term":140,"shortDefinition":141,"firstLetter":136},"472268cf-ad8b-4f8e-bfd9-765eeab0c981","hash","Hash","A hash is a fixed-length string of characters generated by applying a cryptographic function to input data. Hashes uniquely represent transactions. Even a small change in the input produces a completely different hash, making it essential for security in Bitcoin mining and block validation.",{"id":143,"slug":144,"term":145,"shortDefinition":146,"firstLetter":136},"0d22de23-fec1-47c8-ab6d-054e0394b911","hashrate","Hashrate","Hashrate is the measure of computational power used in blockchain mining, representing the number of hash calculations a miner or network can perform per second. In Bitcoin, hashrate determines how quickly miners can solve cryptographic puzzles, directly affecting mining efficiency, network security, and the probability of earning block rewards.",{"id":148,"slug":149,"term":150,"shortDefinition":151,"firstLetter":136},"319e1ab6-6b96-4440-84ae-6da92d24e6a5","hashrate-efficiency","Hashrate Efficiency (J\u002FTH)","Hashrate efficiency, measured in joules per terahash (J\u002FTH), refers to the amount of energy consumed by a mining device to produce one terahash of computational work per second. It is a key metric used to evaluate the energy efficiency of Bitcoin mining hardware.",{"id":153,"slug":154,"term":155,"shortDefinition":156,"firstLetter":157},"796bda0e-b36a-4bcb-a87a-2ef493d261bc","immersion-cooling","Immersion Cooling ","Immersion cooling is a cooling method where mining hardware, such as ASIC miners, is submerged in a non-conductive liquid to dissipate heat. This liquid absorbs the heat generated by the mining components, cooling them more efficiently than traditional air cooling systems. Immersion cooling is used to reduce the risk of overheating, increase hardware lifespan, and improve overall mining performance by maintaining optimal operating temperatures.","I",{"id":159,"slug":160,"term":161,"shortDefinition":162,"firstLetter":163},"666d1e50-77f8-4f91-81b9-cecba952c68e","latency","Latency","Latency is the delay or time it takes for data to travel between two points on the Bitcoin network. In the context of Bitcoin mining and transactions, latency refers to the time it takes for a block or transaction to propagate across the network, from the miner to the nodes. ","L",{"id":165,"slug":166,"term":167,"shortDefinition":168,"firstLetter":169},"242b3942-7bae-4185-8612-f585a60ae856","maintenance-fee","Maintenance Fee","The maintenance fee in Bitcoin mining refers to the cost associated with maintaining mining hardware and ensuring its continuous operation. This fee is typically charged by cloud mining providers or mining pools to cover the costs of electricity, hardware upkeep, cooling systems, and other operational expenses. The maintenance fee is usually a percentage of the mined cryptocurrency, which is deducted before payouts are made to miners.","M",{"id":171,"slug":172,"term":173,"shortDefinition":174,"firstLetter":169},"ec8b1e45-bebe-4385-a817-b99aaae108c8","mempool","Mempool","Mempool, short for memory pool, is a temporary storage area where unconfirmed Bitcoin transactions are kept before they are included in a block. It acts as a waiting room for transactions, holding them until miners select and add them to the blockchain.",{"id":176,"slug":177,"term":178,"shortDefinition":179,"firstLetter":169},"658f6c49-8135-4697-9e31-867419117721","merged-mining","Merged Mining","Merged mining is a process where miners mine two or more cryptocurrencies at the same time, using the same computational power. In Bitcoin mining, this typically means mining Bitcoin and another cryptocurrency that uses the same proof-of-work algorithm, such as Namecoin. By merging the mining efforts, miners can earn rewards from both cryptocurrencies without needing additional resources.",{"id":181,"slug":182,"term":183,"shortDefinition":184,"firstLetter":169},"affed3d7-e389-4752-ab50-2ba0a79b9e96","mineable-cryptocurrency","Mineable Cryptocurrency","Mineable cryptocurrency refers to digital currencies that are generated through the process of mining. Mining is a computational process in which miners use powerful computers to solve complex mathematical puzzles in exchange for rewards in the form of cryptocurrency. The most well-known mineable cryptocurrency is Bitcoin, but many other cryptocurrencies, such as Ethereum, Litecoin, and Monero, are also mineable.",{"id":186,"slug":187,"term":188,"shortDefinition":189,"firstLetter":169},"757234cb-491c-4743-a7c3-9023c1882003","minimum-payout","Minimum Payout","Minimum payout is the smallest amount of cryptocurrency (typically Bitcoin or altcoins) that a miner must accumulate before they can withdraw their earnings from a mining pool. Mining pools set a minimum payout threshold to ensure they cover transaction fees and other operational costs. Once the miner reaches this threshold, the pool will initiate the payout.",{"id":191,"slug":192,"term":193,"shortDefinition":194,"firstLetter":169},"b68e7a5c-b53b-4364-95fc-5e80347c18c5","mining","Mining","Mining is the process of validating transactions and adding new blocks to a blockchain using computational power. In Bitcoin, miners compete to solve cryptographic problems through Proof of Work, and the first to succeed earns a block reward consisting of newly created coins and transaction fees.",{"id":196,"slug":197,"term":198,"shortDefinition":199,"firstLetter":169},"88537287-5eec-48a1-a1a3-37bee4f54174","mining-algorithm","Mining Algorithm","A mining algorithm is a set of mathematical rules and processes used by miners to solve cryptographic puzzles and validate transactions within a blockchain network. The mining algorithm dictates how transactions are verified and added to the blockchain, and it is central to the consensus mechanism that ensures the security and integrity of the cryptocurrency network. Bitcoin, for example, uses the SHA-256 algorithm.",{"id":201,"slug":202,"term":203,"shortDefinition":204,"firstLetter":169},"5aee08d1-8bed-4d12-b8ac-7a81595e495c","mining-contract","Mining Contract","A mining contract is an agreement between a miner and a cloud mining provider or mining service that allows the miner to rent computational power for a specified period. In exchange for the rental, the miner receives a portion of the cryptocurrency mined based on the rented mining power. Mining contracts can vary in terms of duration, cost, and the type of mining power rented (hashrate).",{"id":206,"slug":207,"term":208,"shortDefinition":209,"firstLetter":169},"44599e02-7369-4077-9f05-b67c3899ab2f","mining-pool","Mining Pool","A mining pool is a group of cryptocurrency miners who combine their computational resources to increase the likelihood of solving a block and earning the associated rewards. By pooling their hashing power, miners can share the risks and rewards of mining, making it more consistent and profitable, especially for smaller miners with less computational power.",{"id":211,"slug":212,"term":213,"shortDefinition":214,"firstLetter":169},"b00bcb91-8765-483d-90da-d17b384ae1f4","mining-profitability","Mining Profitability","Mining profitability refers to the amount of profit a miner can earn after accounting for the costs of mining, such as hardware, electricity, and pool fees. It is the balance between the mining rewards (block rewards and transaction fees) and the expenses involved in mining. Profitability is affected by various factors, including the network difficulty, block reward, mining hardware efficiency, electricity costs, and pool fees.",{"id":216,"slug":217,"term":218,"shortDefinition":219,"firstLetter":169},"9ca99f39-6b5f-43bd-be6a-28f133db43d5","mining-revenue","Mining Revenue","Mining revenue refers to the total amount of cryptocurrency (usually Bitcoin) a miner earns from solving cryptographic puzzles and contributing to the mining process. It includes the block reward (currently 6.25 BTC per block) and transaction fees for the blocks mined. Mining revenue can fluctuate based on factors like the Bitcoin price, network difficulty, mining hardware efficiency, electricity costs, and pool fees.",{"id":221,"slug":222,"term":223,"shortDefinition":224,"firstLetter":169},"caa2af9e-34f7-4c57-b565-3bdd3e847dc8","mining-reward-distribution","Mining Reward Distribution","Mining reward distribution is the process by which the block reward (including newly minted coins and transaction fees) is divided among miners based on their contribution to the mining pool. Learn how mining rewards are divided among miners, how pools distribute rewards.\n\n",{"id":226,"slug":227,"term":228,"shortDefinition":229,"firstLetter":169},"6281494e-2b6d-4956-9f7e-46a76a12920e","mining-target","Mining Target","A mining target is a numeric value that defines the difficulty of finding a valid hash in Bitcoin mining. Miners must find a hash that is lower than or equal to the target value in order to successfully mine a new block. ",{"id":231,"slug":232,"term":233,"shortDefinition":234,"firstLetter":169},"324ebea0-0043-4d80-b2ce-9f153c4cee39","mining-variance","Mining Variance","Mining variance refers to the statistical fluctuations in the number of blocks a miner is likely to find over a period of time. Because mining is a probabilistic process, there is always a level of uncertainty in how often a miner will find a block. ",{"id":236,"slug":237,"term":238,"shortDefinition":239,"firstLetter":240},"fe82b0f3-c14d-4584-a29f-a430ee9da331","net-mining-profit","Net Mining Profit","Net mining profit is the amount of money a miner earns after subtracting all the costs associated with running a mining operation from the total mining revenue. It accounts for expenses like hardware costs, electricity, pool fees, and maintenance. Net mining profit gives a more accurate picture of whether mining is profitable or not, as it reflects the true earnings after all operational costs are considered.","N",{"id":242,"slug":243,"term":244,"shortDefinition":245,"firstLetter":240},"e037bba7-f518-4be0-b772-66ac33c79dad","network-hashrate","Network Hashrate","Network hashrate is the total computational power being used by all miners on the Bitcoin network to solve the cryptographic puzzles required to add new blocks to the blockchain. It is measured in hashes per second (H\u002Fs) and determines how quickly the network can mine new blocks. ",{"id":247,"slug":248,"term":249,"shortDefinition":250,"firstLetter":240},"c7954188-7403-49eb-a1cc-3196687881c5","noise-level-db-in-mining","Noise Level (dB in mining)","Noise level (dB) in Bitcoin mining refers to the sound produced by mining hardware during operation. ASIC miners, GPUs, and cooling systems generate significant noise due to their fans and high-speed operation. The noise level is measured in decibels (dB), and managing it is important for maintaining a comfortable environment, especially in large-scale mining operations or residential setups.",{"id":252,"slug":253,"term":254,"shortDefinition":255,"firstLetter":240},"81576e78-70ff-448a-82b0-9a8f0623e10b","nonce","Nonce","A nonce is a random value that miners change in order to generate a valid hash in the Bitcoin mining process. It is part of the block header and is adjusted by miners during Proof of Work to meet the network’s difficulty target. The nonce helps miners find a hash that satisfies the conditions set.",{"id":257,"slug":258,"term":259,"shortDefinition":260,"firstLetter":261},"f4e51f5e-6047-43e7-be3c-8a926021ab68","opex","OPEX (Operational Expenditure)","OPEX (Operational Expenditure) refers to the recurring costs associated with running a Bitcoin mining operation on a day-to-day basis. These expenses are necessary for the ongoing operation of the mining rigs and include costs such as electricity, hardware maintenance, cooling systems, pool fees, and other operational expenses. Unlike CAPEX (Capital Expenditure), which represents one-time investments in mining equipment and infrastructure.","O",{"id":263,"slug":264,"term":265,"shortDefinition":266,"firstLetter":261},"1364c051-589f-47a8-95be-e219b6df8afc","orphan-block","Orphan Block","An orphan block is a block that is valid but is not accepted into the main blockchain because another block at the same height has already been accepted. Orphan blocks occur when two miners find a block at roughly the same time, but only one can be added to the blockchain. ",{"id":268,"slug":269,"term":270,"shortDefinition":271,"firstLetter":261},"659839f6-0eb4-4137-9449-998ab927f323","overclocking","Overclocking","Overclocking refers to the practice of increasing the operating speed of a mining device, such as an ASIC miner or GPU, beyond its default specifications. In Bitcoin mining, overclocking is used to boost the hashrate (mining performance) by increasing the clock speed of the hardware.",{"id":273,"slug":274,"term":275,"shortDefinition":276,"firstLetter":277},"fd16e3fe-8a47-41a0-a52d-935f2082c62e","payout-threshold","Payout Threshold","A payout threshold in Bitcoin mining refers to the minimum amount of cryptocurrency a miner must accumulate before they can request a payout from a mining pool. This threshold is set by the pool to minimize transaction fees and administrative overhead. Once a miner's earnings meet or exceed the payout threshold, the pool will process the payout and transfer the funds to the miner’s wallet.","P",[279,287,297,302,306,311,315,321,324,327,343,349,354,417,430,473,481,494,502],{"letter":10,"terms":280},[281,282,283,284,285,286],{"id":6,"slug":7,"term":8,"shortDefinition":9,"firstLetter":10},{"id":12,"slug":13,"term":14,"shortDefinition":15,"firstLetter":10},{"id":17,"slug":18,"term":19,"shortDefinition":20,"firstLetter":10},{"id":22,"slug":23,"term":24,"shortDefinition":25,"firstLetter":10},{"id":27,"slug":28,"term":29,"shortDefinition":30,"firstLetter":10},{"id":32,"slug":33,"term":34,"shortDefinition":35,"firstLetter":10},{"letter":41,"terms":288},[289,290,291,292,293,294,295,296],{"id":37,"slug":38,"term":39,"shortDefinition":40,"firstLetter":41},{"id":43,"slug":44,"term":45,"shortDefinition":46,"firstLetter":41},{"id":48,"slug":49,"term":50,"shortDefinition":51,"firstLetter":41},{"id":53,"slug":54,"term":55,"shortDefinition":56,"firstLetter":41},{"id":58,"slug":59,"term":60,"shortDefinition":61,"firstLetter":41},{"id":63,"slug":64,"term":65,"shortDefinition":66,"firstLetter":41},{"id":68,"slug":69,"term":70,"shortDefinition":71,"firstLetter":41},{"id":73,"slug":74,"term":75,"shortDefinition":76,"firstLetter":41},{"letter":82,"terms":298},[299,300,301],{"id":78,"slug":79,"term":80,"shortDefinition":81,"firstLetter":82},{"id":84,"slug":85,"term":86,"shortDefinition":87,"firstLetter":82},{"id":89,"slug":90,"term":91,"shortDefinition":92,"firstLetter":82},{"letter":98,"terms":303},[304,305],{"id":94,"slug":95,"term":96,"shortDefinition":97,"firstLetter":98},{"id":100,"slug":101,"term":102,"shortDefinition":103,"firstLetter":98},{"letter":109,"terms":307},[308,309,310],{"id":105,"slug":106,"term":107,"shortDefinition":108,"firstLetter":109},{"id":111,"slug":112,"term":113,"shortDefinition":114,"firstLetter":109},{"id":116,"slug":117,"term":118,"shortDefinition":119,"firstLetter":109},{"letter":125,"terms":312},[313,314],{"id":121,"slug":122,"term":123,"shortDefinition":124,"firstLetter":125},{"id":127,"slug":128,"term":129,"shortDefinition":130,"firstLetter":125},{"letter":136,"terms":316},[317,318,319,320],{"id":132,"slug":133,"term":134,"shortDefinition":135,"firstLetter":136},{"id":138,"slug":139,"term":140,"shortDefinition":141,"firstLetter":136},{"id":143,"slug":144,"term":145,"shortDefinition":146,"firstLetter":136},{"id":148,"slug":149,"term":150,"shortDefinition":151,"firstLetter":136},{"letter":157,"terms":322},[323],{"id":153,"slug":154,"term":155,"shortDefinition":156,"firstLetter":157},{"letter":163,"terms":325},[326],{"id":159,"slug":160,"term":161,"shortDefinition":162,"firstLetter":163},{"letter":169,"terms":328},[329,330,331,332,333,334,335,336,337,338,339,340,341,342],{"id":165,"slug":166,"term":167,"shortDefinition":168,"firstLetter":169},{"id":171,"slug":172,"term":173,"shortDefinition":174,"firstLetter":169},{"id":176,"slug":177,"term":178,"shortDefinition":179,"firstLetter":169},{"id":181,"slug":182,"term":183,"shortDefinition":184,"firstLetter":169},{"id":186,"slug":187,"term":188,"shortDefinition":189,"firstLetter":169},{"id":191,"slug":192,"term":193,"shortDefinition":194,"firstLetter":169},{"id":196,"slug":197,"term":198,"shortDefinition":199,"firstLetter":169},{"id":201,"slug":202,"term":203,"shortDefinition":204,"firstLetter":169},{"id":206,"slug":207,"term":208,"shortDefinition":209,"firstLetter":169},{"id":211,"slug":212,"term":213,"shortDefinition":214,"firstLetter":169},{"id":216,"slug":217,"term":218,"shortDefinition":219,"firstLetter":169},{"id":221,"slug":222,"term":223,"shortDefinition":224,"firstLetter":169},{"id":226,"slug":227,"term":228,"shortDefinition":229,"firstLetter":169},{"id":231,"slug":232,"term":233,"shortDefinition":234,"firstLetter":169},{"letter":240,"terms":344},[345,346,347,348],{"id":236,"slug":237,"term":238,"shortDefinition":239,"firstLetter":240},{"id":242,"slug":243,"term":244,"shortDefinition":245,"firstLetter":240},{"id":247,"slug":248,"term":249,"shortDefinition":250,"firstLetter":240},{"id":252,"slug":253,"term":254,"shortDefinition":255,"firstLetter":240},{"letter":261,"terms":350},[351,352,353],{"id":257,"slug":258,"term":259,"shortDefinition":260,"firstLetter":261},{"id":263,"slug":264,"term":265,"shortDefinition":266,"firstLetter":261},{"id":268,"slug":269,"term":270,"shortDefinition":271,"firstLetter":261},{"letter":277,"terms":355},[356,357,362,367,372,377,382,387,392,397,402,407,412],{"id":273,"slug":274,"term":275,"shortDefinition":276,"firstLetter":277},{"id":358,"slug":359,"term":360,"shortDefinition":361,"firstLetter":277},"cadf5b39-cdc4-49d3-8a1c-d6a71d11ea48","pool-centralization","Pool Centralization","Pool centralization refers to the concentration of mining power in a few large mining pools, leading to reduced decentralization in the Bitcoin network. When a small number of pools control a significant portion of the network’s hashrate, they can potentially exert influence over block production, transaction validation, and other aspects of the network. High pool centralization can undermine the principles of decentralization.",{"id":363,"slug":364,"term":365,"shortDefinition":366,"firstLetter":277},"c853c3f9-2ff5-4be1-ac51-ede3f8a611f2","pool-fee","Pool Fee","A pool fee is the percentage of the rewards that a mining pool operator takes for managing the pool’s operations, including maintaining servers, security, and payouts. Mining pools charge these fees to cover their costs, and the fee typically ranges from 1% to 3% of the total rewards. The fee is deducted before rewards are distributed to the individual miners based on their contribution to the pool’s mining efforts.",{"id":368,"slug":369,"term":370,"shortDefinition":371,"firstLetter":277},"ec91c723-caf3-4bcc-8e50-07798c434cb4","pool-hashrate","Pool Hashrate","Pool hashrate refers to the combined computational power of all miners in a mining pool. It is the total number of hashes the pool can compute per second, measured in terahashes per second (TH\u002Fs). A higher pool hashrate increases the pool’s chances of solving a block and earning mining rewards, as it allows the pool to perform more hash calculations faster, making the mining process more efficient.",{"id":373,"slug":374,"term":375,"shortDefinition":376,"firstLetter":277},"4c2c1a14-3854-4184-b482-f069b4cbde44","pool-luck","Pool Luck","Pool luck is a measure of how often a mining pool successfully mines a block compared to its expected rate based on the pool’s hashrate. Pool luck reflects the randomness and variability in the process of solving blocks. It is calculated by comparing the actual block mining rate to the expected rate. A pool's luck can be higher or lower than expected due to the inherent randomness.",{"id":378,"slug":379,"term":380,"shortDefinition":381,"firstLetter":277},"5c36e3c7-5930-4355-bc67-0cd10561ff3f","pool-mining","Pool Mining","Pool mining is the process of miners combining their computational power to work together on solving the cryptographic puzzles required to add a new block to the Bitcoin blockchain. In a mining pool, miners share their resources and the rewards based on their contribution.",{"id":383,"slug":384,"term":385,"shortDefinition":386,"firstLetter":277},"339c4eda-a8de-4aaa-9a21-1c5687a85fb5","pool-server","Pool Server","A pool server in Bitcoin mining is a server that manages communication between miners and mining pools. It distributes mining tasks to connected miners, collects the results (shares) submitted by miners, and communicates the pool’s mining work. The pool server also handles reward distribution, ensuring that miners receive their share of the pool’s earnings once a block is successfully mined.",{"id":388,"slug":389,"term":390,"shortDefinition":391,"firstLetter":277},"2a93ff5a-66a8-406b-b1ac-abd546ddbbf4","power-consumption","Power Consumption (Wattage)","Power consumption (wattage) refers to the amount of electrical energy that a Bitcoin miner uses to operate. It is measured in watts (W) and is a critical factor in determining the efficiency and profitability of mining hardware. The higher the power consumption, the more electricity a miner uses.\n",{"id":393,"slug":394,"term":395,"shortDefinition":396,"firstLetter":277},"6ce97587-7230-452d-89bb-3abef6f26ff0","power-supply-unit","Power Supply Unit (PSU)","A Power Supply Unit (PSU) is a crucial component in a Bitcoin mining rig that converts electrical power from the wall outlet (AC power) into the appropriate DC power required by mining hardware, such as ASIC miners or GPUs. The PSU provides the necessary voltage and current to run the mining device.",{"id":398,"slug":399,"term":400,"shortDefinition":401,"firstLetter":277},"5831ce33-f061-4d85-86a4-e29b63a1336e","pplns","PPLNS (Pay Per Last N Shares)","PPLNS (Pay Per Last N Shares) is a payout model used by mining pools to distribute rewards to miners. In the PPLNS model, miners are paid based on the number of shares they contribute over a specific period, known as the \"last N shares\" window. This model emphasizes the contribution made during a defined period rather than just the shares submitted for a particular block. ",{"id":403,"slug":404,"term":405,"shortDefinition":406,"firstLetter":277},"9541efc7-566b-44d3-acc7-568cd43edf79","pps-pay-per-share","PPS (Pay Per Share)","PPS (Pay Per Share) is a payout model used by mining pools to distribute rewards to miners. In the PPS model, miners are paid a fixed amount for each share they contribute to the pool, regardless of whether the pool successfully mines a block. This system ensures consistent payouts and reduces the variability in miner earnings, providing a more predictable and stable income stream for participants.",{"id":408,"slug":409,"term":410,"shortDefinition":411,"firstLetter":277},"b5acfe45-8d2e-4966-9a8f-5910eebc92f5","proof-of-work","Proof of Work (PoW)","Proof of Work is a consensus mechanism used in blockchain networks where miners compete to solve complex cryptographic puzzles to validate transactions and add new blocks. It requires computational effort and energy. In Bitcoin, PoW determines who creates the next block and earns the block reward.",{"id":413,"slug":414,"term":415,"shortDefinition":416,"firstLetter":277},"725fd2f5-d52c-4057-ab50-244a5b2bfd42","prop","PROP (Proportional Reward)","PROP (Proportional Reward) is a mining pool payout model where miners are rewarded based on the proportion of shares they contribute to the pool relative to the total shares submitted by all miners. In the PROP system, miners receive a percentage of the total reward (block reward + transaction fees) in direct proportion to their share of the pool’s total work. ",{"letter":418,"terms":419},"R",[420,425],{"id":421,"slug":422,"term":423,"shortDefinition":424,"firstLetter":418},"0eee694f-8e80-48e7-b2ed-6ee5c106bd92","rejected-share","Rejected Share","A rejected share is a share that a miner submits that does not meet the pool’s criteria for a valid partial solution. Rejected shares are discarded and do not count towards the miner's total contribution, meaning the miner will not receive a reward for them. ",{"id":426,"slug":427,"term":428,"shortDefinition":429,"firstLetter":418},"61ac484a-b174-419b-b935-57c3440934ce","renewable-energy-in-mining","Renewable Energy in Mining","Renewable energy in Bitcoin mining refers to the use of sustainable energy sources, such as solar, wind, hydroelectric, or geothermal power, to run mining rigs and operations. By utilizing renewable energy, miners can reduce the environmental impact of their mining activities, lower electricity costs, and improve the long-term sustainability of their operations. The growing adoption of renewable energy is a key step toward making Bitcoin mining more eco-friendly.",{"letter":431,"terms":432},"S",[433,438,443,448,453,458,463,468],{"id":434,"slug":435,"term":436,"shortDefinition":437,"firstLetter":431},"af6c0c77-882d-462e-9628-8ab4514c9857","sha-256","SHA-256","SHA-256 (Secure Hash Algorithm 256-bit) is a cryptographic hashing function that produces a fixed-length 256-bit hash. It is used in Bitcoin and many other cryptocurrencies for the Proof of Work (PoW) mining process. SHA-256 is used to secure transactions, verify data integrity.",{"id":439,"slug":440,"term":441,"shortDefinition":442,"firstLetter":431},"de438f60-442b-488f-921b-5036bcd4849c","sha-256-coins","SHA-256 Coins","SHA-256 coins are cryptocurrencies that use the SHA-256 cryptographic algorithm for securing their blockchain and ensuring the integrity of transactions. SHA-256 (Secure Hash Algorithm 256-bit) is a hashing function used in the Proof of Work (PoW) consensus mechanism to validate transactions and create new blocks in a blockchain. The most famous SHA-256 coin is Bitcoin, but other coins, such as Bitcoin Cash and Bitcoin SV, also use the SHA-256 algorithm.",{"id":444,"slug":445,"term":446,"shortDefinition":447,"firstLetter":431},"d3c641bc-9b9b-4ac9-9800-6f651d1437db","share-mining","Share (Mining Share)","A mining share is a unit of work done by a miner in a mining pool. It represents the miner’s contribution to solving the cryptographic puzzle required to add a new block to the blockchain. Shares are used to distribute the block reward among all miners in the pool based on their contributions.",{"id":449,"slug":450,"term":451,"shortDefinition":452,"firstLetter":431},"8c7fafc4-f217-4e54-be0a-4ebb0f853be7","share-difficulty","Share Difficulty","Share difficulty is a parameter in mining pools that defines the level of difficulty required for a miner to submit a valid share. It adjusts based on the pool’s total hashrate and helps ensure that miners are contributing meaningful work towards solving the block puzzle. ",{"id":454,"slug":455,"term":456,"shortDefinition":457,"firstLetter":431},"8a2ed868-91fa-4a40-9273-f8a34daecabe","solo-mining","Solo Mining","Solo mining is the process of mining Bitcoin independently, without joining a mining pool. In solo mining, a miner uses their own hardware to solve cryptographic puzzles and find blocks. If the miner successfully mines a block, they receive the full block reward.",{"id":459,"slug":460,"term":461,"shortDefinition":462,"firstLetter":431},"fc131dde-bfa2-4fc5-8ed6-71268bf37043","stale-share","Stale Share","A stale share is a share that is submitted by a miner after the mining pool has already found a valid solution for the current block. It becomes invalid because the block has already been confirmed and added to the blockchain. Stale shares do not contribute to the successful mining of the block.",{"id":464,"slug":465,"term":466,"shortDefinition":467,"firstLetter":431},"8b7bc8a3-1168-489f-9b27-00d97652227d","stratum-protocol","Stratum Protocol","The Stratum Protocol is a communication protocol used in Bitcoin mining to facilitate the efficient exchange of information between miners and mining pools. It allows miners to connect to a pool’s server, receive work (mining tasks), submit results (shares), and receive block rewards. Stratum is designed to reduce latency, optimize performance, and allow for scalable, low-bandwidth communication between mining hardware and pool operators.",{"id":469,"slug":470,"term":471,"shortDefinition":472,"firstLetter":431},"41ba0505-2fb5-4587-a12a-49d285d23bd7","stratum-v2","Stratum V2","Stratum V2 is an updated version of the Stratum protocol used in Bitcoin mining. It builds upon the original Stratum protocol by adding features that improve communication efficiency, security, and decentralization. Stratum V2 enables more advanced features such as block template negotiation, miner-generated block proposals, and better data privacy, aiming to give miners more control over their mining operations while reducing the risk of centralization.",{"letter":474,"terms":475},"T",[476],{"id":477,"slug":478,"term":479,"shortDefinition":480,"firstLetter":474},"a50e4c3b-8b2e-425c-ae2f-5fc6c0f3ac73","transaction-fees","Transaction Fees (Mining)","Transaction fees in Bitcoin mining refer to the fees paid by users who want their transactions included in the next block to be mined. Miners collect these fees in addition to the block reward (currently 6.25 BTC). Transaction fees vary based on the transaction size and the demand for space in the blockchain. As the Bitcoin network becomes congested.",{"letter":482,"terms":483},"U",[484,489],{"id":485,"slug":486,"term":487,"shortDefinition":488,"firstLetter":482},"7108b9fd-0511-41e0-90b7-a63d37e949ad","uncle-block","Uncle Block","An uncle block is a valid block in Ethereum that is mined but not included in the main blockchain because another block at the same height has already been added. Unlike orphan blocks in Bitcoin, uncle blocks are accepted by the Ethereum network and reward miners with a smaller incentive.",{"id":490,"slug":491,"term":492,"shortDefinition":493,"firstLetter":482},"02bd65c5-5c7e-47ce-9e4d-d067539b2393","undervolting","Undervolting","Undervolting is the practice of reducing the voltage supplied to a mining device's hardware components (such as ASIC chips or GPUs) while maintaining stable performance. In Bitcoin mining, undervolting helps lower power consumption, reduce heat generation, and improve the energy efficiency of the mining rig, ultimately enhancing profitability and extending hardware lifespan.",{"letter":495,"terms":496},"V",[497],{"id":498,"slug":499,"term":500,"shortDefinition":501,"firstLetter":495},"b9850ada-add0-4a12-b92e-58d1c861360e","valid-share","Valid Share","A valid share is a partial solution submitted by a miner in a mining pool that meets the pool’s requirements for the current block’s Proof of Work puzzle. These shares represent work done by miners and contribute to the pool’s chances of successfully mining a block. ",{"letter":503,"terms":504},"W",[505],{"id":506,"slug":507,"term":508,"shortDefinition":509,"firstLetter":503},"5f2d0123-c397-413d-8dca-8c3b0202f6a6","whatsminer","Whatsminer","Whatsminer is a brand of ASIC (Application-Specific Integrated Circuit) mining hardware developed by MicroBT. Whatsminer devices are specifically designed for Bitcoin mining and are known for their high efficiency and performance. These devices are used by miners worldwide to mine Bitcoin.",79,1,52,2,[10,41,82,98,109,125,136,157,163,169,240,261,277,418,431,474,482,495,503]]