Skip to main content

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.

If you’ve mined before, you already know that pool model matters as much as hashrate. Here’s how BasedMining lines up against the alternatives.

​
The lineup

ModelBlock finder gets…Other contributors get…Operator feeLottery feel
Solo mining100% of the blockNothing0All-or-nothing
Solo pool (e.g. CKpool solo)Most of the block, minus pool feeNothing~0.5–2%All-or-nothing
PPS / FPPS (traditional)Nothing extraSmoothed share of every block2–4%None
Cloud miningN/AWhatever the contract says (often nothing)High & opaqueNone
BasedMining (e.g Parasite)1 BTC chain-enforcedProportional share of remainder0%Yes — real shot at 1 BTC

​
What each model actually feels like

You run your own Bitcoin node and find your own blocks. If you win, you keep the entire 3.125 BTC + fees. If you don’t win, you earn nothing — and for a home miner, “not winning” can mean years between blocks.Best for: people who genuinely don’t mind earning zero for long stretches, possibly forever, in exchange for full upside.
A pool that runs a solo-style payout: the finder takes the block minus a small operator fee, everyone else gets nothing. The pool isn’t aggregating your hashpower with other miners’ work — it’s just providing infrastructure.Best for: miners with enough hashpower to expect a hit eventually, who want the simplicity of stratum-based infra without sharing rewards.
Pay-Per-Share / Full Pay-Per-Share. The pool guarantees you a payout per share submitted, smoothed across all blocks the pool finds (or even ones it doesn’t). Predictable, steady — and you’ll never see a big single hit. Also, small mining machines recieve rewards that are so small that in most cases it does not make sense when calculating electricity costs.Best for: professional operations that need cashflow predictability for power-cost accounting.
You pay an operator to “mine for you” via some contract. The operator may or may not actually allocate hashpower; you may or may not see payouts. Most are scams. The legitimate ones charge enough that the contract economics are usually worse than just buying BTC.Best for: nobody, honestly. Don’t.
You connect a miner, or mint a Hashpower NFT, and your hashpower joins the pool. Every block the pool finds pays the finder 1 BTC (chain-enforced) and splits the ~2.1 BTC remainder among everyone who contributed to that round. 0% operator fee on block rewards.Best for: home miners who want lottery upside without going fully solo, onchain users who want exposure to Bitcoin mining without operating hardware, and anyone who likes the idea that 1 BTC is on the table every time the pool finds a block.

​
Concrete example

Imagine the pool finds a block worth 3.2 BTC (subsidy + fees). Here is how it plays out under the BasedMining model: Scenario A: You are the finder You take home 1.00 BTC instantly via the Bitcoin protocol. You also receive your proportional share of the 2.2 BTC remainder because you contributed work during the round. Scenario B: You contributed but didn’t find the block You receive your proportional share of the 2.2 BTC remainder, based on how much accepted-share difficulty you contributed during the round. In a traditional PPS pool, Scenarios A and B are identical—you get the same predictable per-share rate either way. In a solo pool, Scenario B yields zero. In BasedMining, you always get something, and you always have a shot at the big one.

​
What we don’t do

We are not a “set-and-forget passive income” scheme. Bitcoin mining is inherently volatile. The Block Party model allows on-chain users to buy exposure to specific windows, but no mining operation is guaranteed to find blocks. We cannot guarantee that we will find a block, but we will never stop trying.

​
Reading next