Crypto Mining Glossary

Thermal throttling is a protective mechanism in ASIC miners and computer hardware that automatically reduces processing performance when temperatures become too high. In cryptocurrency mining, thermal throttling lowers the miner’s hashrate to prevent overheating, and hardware damage, and system instability.

Three-phase power is an electrical system used to supply energy to large mining rigs and industrial equipment. Unlike single-phase power, which uses two wires (live and neutral), three-phase power uses three wires (three live wires), which allows for more efficient energy distribution.

A timestamp in blockchain is a piece of data that records the approximate time when a block was created and added to the blockchain. In Bitcoin, the timestamp is included inside the block header and is used during mining, block validation, and difficulty adjustment. Timestamps help maintain the chronological order of blocks and support network consensus.

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.

A transaction input is a reference to a previously unspent transaction output (UTXO) that is being used as a source of funds in a new Bitcoin transaction. Every Bitcoin transaction spends one or more existing UTXOs through its inputs and creates new UTXOs through its outputs.

A transaction output is a record within a Bitcoin transaction that specifies where Bitcoin is being sent and under what conditions it can be spent in the future. Every output created by a transaction becomes a new UTXO (Unspent Transaction Output) until it is spent in a later transaction.

A transformer in Bitcoin mining is an electrical device used to convert electrical voltage from one level to another, making it suitable for powering mining rigs. Since mining hardware requires a specific voltage to operate efficiently, transformers adjust the incoming voltage to match the power requirements of the mining equipment. In large-scale mining operations, transformers are essential for ensuring stable power supply, efficient energy distribution, optimal operation of mining hardware.

Transformer capacity is the maximum amount of electrical power a transformer can safely handle and distribute within a mining facility. In Bitcoin mining, transformer capacity determines how much electricity can be delivered to ASIC miners, cooling systems, and mining infrastructure without overloading electrical equipment.