A measure of mining hardware energy efficiency showing how many joules of electricity are needed to compute one terahash of hashing power.

The memory file used by Ethash algorithm GPUs that grows over time, determining minimum VRAM requirements for mining certain cryptocurrencies.

A PSU converts wall power into the specific voltages your mining hardware needs to run, delivering stable electricity to keep your operation hashing 24/7.

When mining hardware automatically reduces performance to prevent overheating and damage from excessive heat buildup.

Mining cryptocurrency independently without joining a pool, keeping full block rewards but facing high variance and unpredictable payouts.

A nickname for solo mining that compares it to playing the lottery — you have a tiny chance of winning big with each block attempt.

A mining pool that lets you solo mine while handling the technical setup, paying full block rewards minus a small fee if you find a block.

Mining variance is the randomness in when you find blocks — you might get lucky and find one early, or go way longer than expected without winning.

The average time it should take your mining hardware to find a block based on your hashrate versus the network’s total hashrate.

A solo block is a block you mined completely on your own without sharing the reward with a mining pool—the ultimate win in solo mining.