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Documentation Index

Fetch the complete documentation index at: https://docs.basedmining.xyz/llms.txt

Use this file to discover all available pages before exploring further.

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BasedMining-specific

The model BasedMining runs: finder gets 1 BTC (chain-enforced) + everyone who contributed to the round gets a proportional share of the remainder. Combines the upside of solo mining with the steady accrual of a traditional pool.
A scheduled 24-hour window where the pool concentrates extra hashpower (from Hashpower NFT mints) into the same round. More hashpower = better odds of finding a block during the Party.
The onchain receipt for a specific amount of mining hashpower over a specific window of time. Mint on Base mainnet; activates during the next Block Party; pays cbBTC on Base.
The four Hashpower NFT tiers — entry, popular, full-window, whale. See the tier table.
The interval between two found blocks. Your contribution to the round determines your share of that block’s remainder.
The miner whose share solved the block. Receives 1 BTC directly from the Bitcoin protocol — chain-enforced.
Block subsidy + tx fees minus the 1 BTC finder reward. Lands in the pool wallet on-chain; distributed by the operator to all round contributors proportionally.
“Pay per last N shares, weighted by difficulty.” How the remainder gets split: your share is proportional to your summed accepted-share difficulty within the round.
Coinbase Wrapped Bitcoin on Base — a 1:1 backed Bitcoin token. The currency Hashpower NFT holders receive their rewards in.

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Mining

Application-Specific Integrated Circuit. A chip designed for one job — in this case, hashing Bitcoin’s SHA-256. Vastly more efficient than GPUs or CPUs at this work.
How much hashing your miner does per second. Units: H/s, KH/s, MH/s, GH/s, TH/s, PH/s, EH/s. Modern home ASICs do TH/s (terahashes). The whole Bitcoin network is ~600 EH/s.
The standard protocol miners use to talk to pools. When you point your ASIC at stratum+tcp://..., you’re using stratum.
A label for one mining device. Multiple workers can share the same BTC payout address but have different worker names to distinguish them on the dashboard.
A proof-of-work submission from a miner. Each share is a hash that meets the pool’s difficulty target (lower than Bitcoin’s network difficulty). The pool counts shares to attribute work fairly.
What miners actually find. When a share happens to meet the network difficulty (not just the pool’s), it’s a block — earning the block subsidy (currently 3.125 BTC) plus transaction fees.
Solo = mine alone, keep 100% if you win, get zero otherwise. Pool = join a group, share rewards proportionally. Hybrid pool (BasedMining) = both at once.
Petahash-days — a cumulative measure of work. 1 PH/s sustained for 24 hours = 1 PH-day. Useful for comparing total contribution across long periods.

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Bitcoin

The native asset of the Bitcoin network. What miners earn. What the pool pays.
The fixed BTC amount minted with each new block. Currently 3.125 BTC. Halves roughly every four years; next halving in 2028.
The first transaction in a block — the one that pays the block reward. Not to be confused with Coinbase the company. The pool gives miners a coinbase template that’s already set up to split outputs correctly.
A network parameter that adjusts how hard it is to find a valid block. Retargets every 2,016 blocks (~2 weeks) to keep block time near 10 minutes.

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Onchain (Base / EVM)

A fast, cheap EVM L2 — Bitcoin’s onchain-rewards layer on BasedMining lives here. Don’t call it “Coinbase L2” — it’s Base, or Base mainnet, or Base chain.
Software (or hardware) that holds your private keys. Examples: Rainbow, Coinbase Wallet, MetaMask, Frame. You need one to interact with the onchain side.
Non-Fungible Token. A unique onchain record. A Hashpower NFT represents your hashpower contribution for a Block Party.
The fee you pay to make any transaction on an EVM chain. Base gas is very cheap — often less than a cent.
The act of creating a new onchain item. Here: minting a Hashpower NFT — pay the mint price + gas, the contract creates the NFT and assigns it to your wallet.
A USD-pegged stablecoin. Native on Base. One of three payment options for minting Hashpower NFTs.
The Base block explorer at basescan.org. Where you verify your mint transactions and contract interactions.

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Agents and payments

An open HTTP standard for paying for API calls with stablecoins. Server returns 402 Payment Required, client pays, call completes. See x402.org.
A token pegged to a fiat currency (typically USD). USDC on Base is the canonical example.
Here: an autonomous program (usually LLM-driven) that can take actions, including mining decisions and payments, without per-call human approval.