Core Concepts
Key ideas behind the m1n3 protocol
Understanding these concepts will help you get the most out of m1n3.
Mining Shares
Mining shares are proof-of-work submissions that are verified and recorded on the Sui blockchain. In m1n3, they are tradeable on-chain assets.
Block Templates
Block templates define which Bitcoin transactions miners work on. Node runners create templates, and miners choose which template to direct their hashpower to.
Hashprice
Hashprice measures how much revenue a unit of mining power generates per day. It's the key metric for valuing mining shares.
Difficulty
Bitcoin's difficulty adjustment mechanism ensures blocks are found approximately every 10 minutes, regardless of how much hashrate is on the network.
Staking
Stake M1N3 tokens on block templates to signal confidence and earn a share of the 2% marketplace trading fee.