ASIC Miner
Application-Specific Integrated Circuit hardware built for one mining algorithm (for example SHA-256 for Bitcoin or Scrypt for Litecoin/Dogecoin). ASICs outperform GPUs on efficiency (J/TH) but are less flexible if you want to switch coins.
Buy ASIC miners →
AuxPoW (Merged Mining)
Auxiliary Proof of Work lets one Scrypt hash secure both Litecoin (parent) and Dogecoin (auxiliary). A single ASIC connection can find LTC and DOGE blocks without splitting hashrate. Used on doge.mysolopool.com.
LTC+DOGE merged mining setup →
Cloud Mining
Purchasing a contract for hashrate on operator-owned ASICs instead of buying and hosting your own rigs. Hashrate Farm offers USDT and BTC cloud packages with stated reward terms; always review duration, fees, and payout schedule before buying.
Cloud mining contracts →
Colocation (Miner Hosting)
Placing your ASICs in a professional facility that supplies power, cooling, racks, and remote hands. You usually keep pool and wallet control while paying a monthly hosting fee tied to power draw and site region.
ASIC hosting →
Custom Mining Firmware
Alternative OS images (such as Braiins OS, VNish, or LuxOS-class stacks) that can improve monitoring, autotuning, or efficiency versus stock vendor firmware. Flash carefully: wrong images brick boards; follow a staged test workflow.
Firmware downloads →
Hashrate
The rate at which a miner or farm computes cryptographic hashes, usually measured in TH/s (terahashes per second) for Bitcoin SHA-256 ASICs or MH/s–GH/s for Scrypt. Higher hashrate increases expected shares and block-finding probability, but does not guarantee profit after power cost.
Profitability calculator →
Hashrate Rental
Short-term rental of mining power that you point at any stratum-compatible pool. Useful for testing pools, firmware, or solo lottery setups without owning hardware. Rentals typically start from one hour.
Rent hashrate →
J/TH (Efficiency)
Joules per terahash — energy used to produce one TH/s of SHA-256 work. Lower J/TH means less power cost per unit of hashrate. Always compare efficiency at the same firmware and power mode you will run in production.
Compare ASIC efficiency →
Network Difficulty
A measure of how hard it is to find a valid block on a given chain. Rising difficulty reduces expected BTC (or other coin) per TH/s. Profitability models should stress-test higher difficulty, not only today’s rate.
Model difficulty impact →
Pool Fee
The percentage a pool deducts from rewards. MySoloPool BTC solo fee is typically charged only when your address finds a block (for example 3% of that reward), not as a continuous subscription. Always confirm the live fee on the pool trust or FAQ page.
MySoloPool fee transparency →
Solo Mining
Mining where a single address keeps the full block reward when it finds a block, instead of splitting rewards in a proportional pool. Solo pools like MySoloPool still coordinate work distribution, but payouts go to the solving address minus the published pool fee.
MySoloPool learn guide →
Solo Pool
A stratum service that accepts shares from many miners while paying block rewards to the address that submitted the winning share. It improves connection reliability and statistics versus true solo getblocktemplate mining, without changing the lottery economics of solo mining.
MySoloPool FAQ →
Stratum
The most common mining protocol between ASICs and pools. Miners connect to a stratum URL (host:port), authenticate with a username (often a payout address) and password (VarDiff or fixed difficulty), then receive jobs and submit shares.
Getting started with stratum →
Uptime SLA
A service-level agreement describing expected facility or service availability (for example 99.9%). Hosting SLAs usually exclude grid outages, customer misconfiguration, and scheduled maintenance—read the contract scope before signing.
Hosting regions & terms →
VarDiff (Variable Difficulty)
A pool feature that automatically adjusts share difficulty so workers submit shares at a stable rate. On MySoloPool, password `x` enables VarDiff; `d=50000` (example) sets a fixed difficulty instead.
Pool difficulty FAQ →