Glossary: Stratum V2

Glossary: Stratum V2

An upgraded mining protocol that gives miners more control over transaction selection and improves efficiency and security over the original Stratum.

Glossary: CKPool

Glossary: CKPool

CKPool is a popular open-source mining pool software that runs public solo mining pools, letting you keep 100% of block rewards if you win.

Glossary: Halving

Glossary: Halving

One-Sentence Definition A bitcoin halving is a programmed event that happens roughly every four years where the reward for mining a new block gets cut in half, reducing how many new bitcoins enter circulation. Why It Matters for Solo Mining When the halving happens, the block reward you’d win from finding a block drops by … Read more

Glossary: Electricity Cost per kWh

Glossary: Electricity Cost per kWh

The price you pay for one kilowatt-hour of electrical energy, measured in cents or dollars—the biggest ongoing expense in cryptocurrency mining.

Glossary: Break-Even Point

Glossary: Break-Even Point

The point where total mining revenue equals total costs—when you’ve recovered your hardware and electricity expenses.

Glossary: Satoshi

Glossary: Satoshi

A satoshi is the smallest unit of Bitcoin, equal to 0.00000001 BTC—named after Bitcoin’s mysterious creator, Satoshi Nakamoto.

Glossary: Mining Software

Glossary: Mining Software

Mining software connects your hardware to the blockchain network, performs hash calculations, and submits valid blocks you find.

Glossary: Block Explorer

Glossary: Block Explorer

A block explorer is a search engine for blockchain data that lets you track transactions, blocks, and mining activity in real-time.

Glossary: Hot Wallet vs Cold Wallet

Glossary: Hot Wallet vs Cold Wallet

Hot wallets stay online for quick access while cold wallets store crypto offline for maximum security—critical choice for solo miners protecting rewards.