The hybrid lottery model
When the pool finds a block, the miner whose share solved it receives 1 BTC instantly, paid by Bitcoin consensus itself. The remaining ~2.1 BTC (block subsidy + fees minus the 1 BTC finder reward) is split proportionally among every participant who contributed work during that round. Every contributor gets a payout. 0% pool fee. When you win, we win.Three ways to participate
For Miners
Point your ASIC at the pool. Win 1 BTC if your share finds a block. Earn a proportional share of every round either way. Paid in BTC.
For On-Chain Users
Mint a hashpower NFT on Base. Get real hashpower routed into the next Block Party. Earn rewards when a block is found. Paid in cbBTC on Base.
For Agents
Pay-per-call hashpower for AI agents. x402 settlement. Mining skillsets shipping soon.
Why this exists
Bitcoin mining became an institutional sport. Industrial farms dominate the network hashrate, and home miners — the people who built Bitcoin’s culture in the first place — got priced out of the competition. BasedMining is built for three audiences:- Home miners running a Bitaxe, a fleet of S21s, or anything in between.
- On-chain users who want exposure to mining without operating hardware.
- AI agents that need a programmable hashrate primitive purchasable with stablecoins.