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m1n3 docs

Welcome to m1n3

A decentralized Bitcoin mining protocol on Sui

What is m1n3?

m1n3 is a decentralized Bitcoin mining protocol built on the Sui blockchain with four distinct roles:

  • Node Running — run a Bitcoin full node and register blocks on-chain to mint M1N3 tokens (the only minting path)
  • Token — M1N3 is the native incentive token, used for staking on block templates
  • Mining & Templates — miners build their own block templates or use on-chain templates, perform SHA-256 PoW, and submit shares to Sui for trustless verification
  • Share Trading — mining shares are tradeable on-chain assets, redeemable for BTC rewards

No pool operator controls your templates, tokens, or bitcoin. Miners who hold and redeem their shares pay zero fees.

A Futures Market for Hashrate

m1n3 turns every mining share into a tradeable on-chain asset on Sui. Each share represents a verifiable proof-of-work contribution to a block template — and a claim on future BTC rewards if that block is found.

Think of shares as futures contracts on hashrate: buy them for exposure to mining upside, or sell them to lock in value immediately — all without running a single ASIC.

Skip the 100-Block Wait

When a Bitcoin block is found, its coinbase reward is locked for 100 blocks (~16.5 hours) before it can be spent. Traditional pools force miners to wait through this maturation period before distributing payouts.

Traditional Poolm1n3
Mine → block found → wait ~16.5 hrs → coinbase matures → payoutMine → share minted on Sui → trade instantly on the marketplace

Because shares live on Sui, they carry instant liquidity. Sell a share the moment it's minted, or hold it to redeem the BTC reward later — the choice is yours.

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