What Is Mining in Simple Terms? How Cryptocurrency Mining Works
A plain-language explanation of mining, Proof of Work, ASIC hardware and why miners consume electricity.
02 / MINING KNOWLEDGE
Miner's handbook.
Mining explained from the first ASIC to electricity, wiring, pools, payback, countries, manufacturers and the future of the industry.
62 starter articles
15 topic sections
EN in English
What Is Mining in Simple Terms? How Cryptocurrency Mining Works
A plain-language explanation of mining, Proof of Work, ASIC hardware and why miners consume electricity.
All guides
62 articles in the handbook
How Proof of Work Works and Why Blockchains Need Mining
A practical look at Proof of Work, hashing, nonces, blocks, difficulty and how mining protects a network from history manipulation.
Solo Mining or Pool Mining: What Should a Miner Choose?
A comparison of solo and pool mining: payout stability, pool fees, variance, risks and the practical choice for ASIC hardware.
Hashrate, Difficulty and Reward: Three Core Mining Metrics
How hashrate, network difficulty and block reward affect the number of mined coins and ASIC profitability.
Electricity in Mining: Power, Kilowatt-Hours and the Real Cost
How to calculate ASIC consumption, the difference between watts and kWh, and why electricity is often a miner's biggest expense.
Wiring, Breakers and Protection for an ASIC: What to Check Before Startup
Safe miner installation: line load, breakers, cables, outlets, grounding and the limits of a household electrical network.
ASIC Cooling, Noise and Heat: How to Set Up a Mining Space
How much heat an ASIC produces, why miners are loud, and how to organize intake, exhaust, filtration and temperature control.
How ASIC Miners Are Made: From Silicon Wafer to Finished Device
What happens inside ASIC production: the chip, board, power system, heatsinks, fans, testing and logistics.
ASIC Manufacturers: Bitmain, MicroBT, Canaan and Other Mining Brands
How ASIC manufacturers differ, what to check beyond hashrate, and why service, firmware and supply matter as much as specifications.
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How to Choose an ASIC Miner: Hashrate, Efficiency, Price and Risk
A practical checklist for choosing an ASIC for home or industrial mining, including electricity, noise, payback and repairs.
How to Calculate Mining Profitability: The Complete Formula Without Self-Deception
How to calculate revenue, electricity, pool fee, reserve, net profit and ASIC payback per day, month and year.
Pool Fee, Uptime and Reserve: Costs Often Forgotten in Mining Calculations
Why 100% uptime is not permanent, how pool fees reduce payouts and why a mining calculator needs a profitability reserve.
What to Mine in 2026: Choosing a Coin Without Blind Faith in a Calculator
How to compare coins and algorithms by hashrate, difficulty, tariff, liquidity, risk and available ASIC hardware.
Bitcoin SHA-256 and Zcash Equihash: How Mining Algorithms Differ
A comparison of Bitcoin SHA-256 and Zcash Equihash (200,9): hardware, hashrate units, pools, difficulty and practical differences.
Mining in Different Countries: Where It Is Allowed, Restricted or Powered More Cheaply
How to evaluate a mining location by law, tariff, grid access, taxes, climate and the risk of regulatory changes.
The History of Mining: From CPUs and GPUs to Industrial ASICs
How mining moved from home computers to data centers, why ASICs appeared and what may come next.
Major Mining Trends: Efficiency, Energy, AI and Regulation
What is changing modern mining: ASIC efficiency, the energy mix, flexible load, AI/HPC and government policy.
Halving, Difficulty and Price: Why Mining Keeps Changing the Rules
How halving, network hashrate, difficulty and coin price combine to change miner income and ASIC payback.
The Bitcoin blockchain in detail: blocks, UTXOs, Merkle trees, consensus and confirmations
A detailed Bitcoin blockchain guide covering block structure, headers, Merkle trees, UTXOs, mempool, forks, reorgs and confirmations.
SHA-256 in Bitcoin: a complete technical guide from hash function to ASIC
A deep guide to SHA-256: what Bitcoin hashes, why double hashing is used, and how nonce, target, difficulty, ASICs and pools work.
What Bitcoin Research Shows: Public Blockchain Data and the Limits of Anonymity
An accessible review of Bitcoin transaction research: clustering heuristics, what is visible on-chain and why pseudonymity is not complete anonymity.
Inside a Bitcoin Block: Nonce, Merkle Root, Time and Difficulty
A miner-focused look at the Bitcoin block header: which fields change during Proof of Work and how the network regulates difficulty.
Bitcoin Mining Pool Review: Payouts, Fees and Hashrate Concentration
A practical analysis of Bitcoin pools: Foundry, AntPool, F2Pool, ViaBTC, Braiins and others. Compare FPPS, PPS+, PPLNS, fees, risks and ASIC fit.
Bitmain Antminer: the leading ASIC maker for Bitcoin
A practical Bitmain and Antminer overview covering SHA-256, Scrypt, efficiency, cooling, warranty and buying risks.
MicroBT WhatsMiner: a Bitcoin ASIC manufacturer review
How MicroBT and WhatsMiner compete with Bitmain: models, efficiency, cooling, service and buying criteria.
Canaan AvalonMiner: the history and present of Bitcoin ASICs
A Canaan and AvalonMiner overview covering the ASIC pioneer, models, efficiency, service and buying risks.
Bitdeer SEALMINER: a Bitcoin ASIC line from data centers to silicon
A detailed Bitdeer SEALMINER review: self-mining, hosting, SHA-256 ASIC development, A2/A2 Pro configurations and the risks of a new hardware line.
Auradine Teraflux: a US approach to Bitcoin ASICs
An Auradine Teraflux overview covering air, hydro and immersion miners, efficiency, demand response and service.
Goldshell: compact and home ASIC miners
A Goldshell Box, Lite, Echo and Max overview: target algorithms, home operation and buying risks.
iPollo: ASIC miners for Ethereum Classic and other algorithms
An iPollo overview covering V, B and G series, memory, algorithms, efficiency, service and secondary-market risk.
Jasminer: ASICs for Ethereum Classic and Etchash
A Jasminer X16 and X44 overview covering Etchash efficiency, memory, noise, payback and official-site verification.
ElphaPex: Scrypt ASIC miners for Litecoin and Dogecoin
An ElphaPex DG-series overview: Scrypt, LTC+DOGE merge mining, efficiency, cooling and new-manufacturer risk.
ICERIVER and BGIN: ASICs for Kaspa and specialized algorithms
What to know about ICERIVER: Kaspa, Alephium, proprietary chips, narrow specialization risk and seller verification.
Foundry USA Pool: an institutional approach to Bitcoin mining
Foundry USA focuses on large-scale operations, resilient infrastructure and a predictable payout model for operators with substantial hashrate.
AntPool: what miners should know about one of the largest Bitcoin pools
AntPool is connected with the Bitmain ecosystem and supports multiple algorithms and coins. Its strengths are scale, a familiar interface and broad infrastructure.
ViaBTC: a detailed guide to Bitcoin pool payouts and setup
ViaBTC combines a mining pool, wallet and exchange tools. That is convenient, but fees, payout thresholds and feature availability should be checked for the selected region.
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F2Pool: a global pool for Bitcoin, Litecoin, Dogecoin and other networks
F2Pool has operated as a multi-coin pool for years and lets miners manage different algorithms from one dashboard. The key detail is that fees, payout rules and thresholds differ by coin.
Braiins Pool: from Slush Pool to modern Bitcoin mining
Braiins Pool grew out of Slush Pool, one of the pioneers of pooled mining. Today it is often considered together with Braiins OS and Stratum V2, so its value is not limited to payouts.
Luxor Mining Pool: Bitcoin, Scrypt and professional infrastructure
Luxor builds infrastructure for miners and hashrate, including global Stratum endpoints and separate Bitcoin and Scrypt products. Its strength is a professional approach, while some services target business customers.
OCEAN Pool: transparency, block templates and Bitcoin decentralization
OCEAN emphasizes helping miners understand which transactions enter a block template. It has a strong decentralization thesis, but miners should read the current payout rules before connecting.
CKPool and solo mining: who this Bitcoin service is for
CKPool is most often discussed in the context of solo mining: a miner keeps the chance of finding a block rather than receiving a smooth share of rewards. It is a different risk model, not a normal FPPS replacement.
Binance Pool: mining, payouts and exchange ecosystem links
Binance Pool attracts miners who already use the Binance ecosystem. Availability, payout rules and regional restrictions can change, so the official documentation should be checked before pointing hashrate.
BTC.com Pool: dashboard, API and Bitcoin miner monitoring
BTC.com is known for monitoring tools and APIs for mining management. For a farm, this can matter more than a small advertised fee difference because fast offline-worker detection affects uptime.
Binance: a major crypto exchange, spot, futures and risk management
Binance is a global crypto platform with a broad set of markets and tools. It should not be viewed only as a place to buy Bitcoin: each product has different risks, liquidity, fees and regional availability.
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Coinbase: a regulated crypto platform for buying and custody
Coinbase emphasizes simple crypto access, custody and regulatory compliance in supported jurisdictions. A simple interface does not remove the need to check fees, limits and withdrawal terms.
Kraken: a crypto exchange focused on security and professional trading
Kraken is known for account security, advanced trading modes and fiat support in selected countries. Before using it, check which products are available to a user in Ukraine.
OKX: centralized exchange, Web3 wallet and derivatives
OKX combines a centralized exchange with Web3 and non-custodial tools. That helps users move between exchange and blockchain infrastructure, but adds more permissions and risks to understand.
Bybit: spot, derivatives and active crypto trading
Bybit targets active trading and derivatives. Feature richness does not mean low risk: futures, leverage and copy trading can quickly magnify both gains and losses.
Bitget: crypto exchange, copy trading and derivatives
Bitget offers spot and derivatives markets together with copy trading. Copying another trader does not create guaranteed income: drawdown, position size, leverage and stop rules still matter.
KuCoin: altcoins, spot trading and exchange selection
KuCoin is often considered for its broad choice of tokens and trading pairs. With less liquid assets, pay close attention to spread, order-book depth, volume and withdrawal availability, not just listing status.
Crypto.com: exchange, mobile ecosystem and crypto services
Crypto.com develops more than an exchange: it offers a wider mobile and payment ecosystem. Choose between the simple app and advanced terminal only after checking feature availability and actual costs.
Gemini: a crypto exchange focused on regulation and custody
Gemini positions itself around regulation, security and custody infrastructure. Product availability depends on jurisdiction, so global brand recognition does not guarantee every feature for a Ukrainian user.
Bitstamp: one of the oldest crypto exchanges and spot trading rules
Bitstamp has a long history in crypto trading and is known for a more focused product set. For a miner, it can be an option for converting rewards, but check deposit networks, fees and limits before transferring funds.
Mining Algorithms: A Complete Table of SHA-256, Scrypt, Ethash, Equihash and More
A detailed guide to mining algorithms: which ones are active, which became historical, what coins use them and what hardware they need.
Mining Types and Methods: ASIC, GPU, CPU, Solo, Pool, Cloud and Home Mining
A complete overview of mining methods, hardware, participation models, coins and risks.
Bitcoin in detail: money, network, mining and protocol rules
A full Bitcoin guide covering keys and wallets, transactions and UTXOs, nodes, mempool, mining, halving, fees, confirmations and risks.
Hard-drive mining: Proof of Space, Chia and the real economics of disks
A detailed guide to HDD and SSD mining: Proof of Space and Time, plotting, farming, Chia, disk workload, endurance, electricity, risks and ROI.
Stratum, shares and stale work: how an ASIC talks to a mining pool
What happens between an ASIC and a pool: jobs, shares, accepted, rejected, stale, vardiff, latency and failover endpoints.
J/TH, watts and real ASIC efficiency: how to compare miners
A practical explanation of TH/s, watts and J/TH, and how power modes change ASIC profitability.
How to maintain an ASIC: dust, fans, temperature and error logs
A practical ASIC maintenance checklist covering cleaning, airflow, fans, temperature, cables and kernel logs.
ASIC firmware and security: what to check before an update
How to update ASIC firmware safely, preserve settings, protect the web interface and keep control of the miner.
How to connect an ASIC to a mining pool: network, worker and three pool URLs
A first-start checklist for an ASIC: IP address, Ethernet, pool URL, worker name, failover and accepted-share verification.
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