Crypto can be a confusing world. We're here to make it simpler.

Bitcoin is an open network for transferring value via an internet-native money. The Bitcoin network itself is a record of payments for the internet built to be permissionless—anyone can use it—and decentralized—no one controls it. These features were chosen so Bitcoin could support a new financial system without intermediaries or gatekeepers.

Hashrate is one of the most commonly referenced metrics in bitcoin mining. But what is it? As the term suggests, the Bitcoin network’s hashrate is simply the estimated rate of total hashes generated by all active mining machines. Called hashing, the process of generating hashes is the primary job of miners.

Choosing your ASIC is one of the most important decisions any miner needs to make. Consider these factors: brand and model, hashrate and power consumption, price, shipping date, condition and warranty, and finally minimum order quantity (MOQ).

For any miner, the lifetime of an ASIC mining machine is one of the most important considerations. Mining demands a lot of ASIC machines, but high-quality models are built to withstand relentless hashing. Still, many miners opt to push their machines to the limit for maximum output, which can cut short a machine’s lifespan.