# Quick Start ## Overview This guide will help you quickly set up and begin using Braiins Hashpower to buy Bitcoin mining hashrate. ## Key Terms 📖Vocabulary Pool MiningMining where multiple miners combine their computational power and share rewards proportionally. Provides consistent, smaller payouts rather than rare large rewards. Solo MiningMining independently where you receive the entire block reward if you find a block, but nothing otherwise. High variance but potentially high reward. Solo mining services are often called "pools" even though it's not pooled mining. Pool URLThe Stratum server address of your mining pool (e.g., `stratum+tcp://stratum.braiins.com:3333`). This is where purchased hashrate will be directed. Worker IdentityYour unique identifier at the mining pool, typically in the format `username.worker_name`. Used to track your mining contributions. For solo mining, the `username` is your BTC wallet address and any rewards will be credited to this address. Extranonce2 SizeA technical parameter in the Stratum protocol. Pools must support `extranonce2_size >= 7` for compatibility with Braiins Hashpower's hashrate routing. Most BTC pools meet this requirement. Most non-BTC SHA256 pools (BCH, BSV, etc.) have `extranonce2_size=4` and are therefore incompatible. HashrateThe computational power used for mining, measured in hashes per second. Common units: TH/s (terahash), PH/s (petahash), EH/s (exahash). ShareA proof of work submitted by a miner to the pool. Shares demonstrate mining effort and are used to calculate reward distribution. Pools estimate miner hashrate by counting all shares over a given time period. One share equals roughly 2³² hashes. ## Prerequisites Before starting, ensure you have: - **Telegram**: Required for account verification and bid confirmations - **Email Address**: For account verification - **Bitcoin**: BTC funds to deposit for purchasing hashrate ## Quick Steps ### 1. Access the Platform - Visit [hashpower.braiins.com](https://hashpower.braiins.com) - The **Market View** displays the live order book and price charts - You can explore market data without logging in ### 2. Create Your Account - Click **Sign Up** button - Complete Telegram verification - Verify your email address - You will receive two API tokens: **Owner** (full access) and **Read-only** (view only) Save your API tokens securely - they cannot be displayed again after initial creation. ### 3. Log In with Your API Token - Enter your owner token to authenticate and click **Log in** - Your dashboard will refresh with user details and application tabs will appear ### 4. Deposit Bitcoin - Copy your assigned Bitcoin deposit address from the Account dashboard - Send BTC to this address from your wallet - Deposit more than the minimum bid amount to avoid ending up with an unspendable balance if your bid gets canceled - Wait for 3 blockchain confirmations before funds are credited - We screen all incoming transactions for compliance purposes, and deposits flagged as suspicious may be withheld for manual review. Manual review is performed only on working days and can take up to 48 hours. **Important:** Only deposit coins with clear origin. Funds from questionable sources may be subject to additional verification, which may take even longer. In rare cases, funds may be returned to the sender address. Always deposit from your own wallet, not from an exchange or other custodial service. ### 5. Place Your First Bid **To buy hashrate on the spot market:** - Click **Create** in the Orders tab - Specify your **price** (BTC/EH/day), **budget** (BTC), and optional **speed limit** (PH/s) - Select or enter a custom **Mining pool URL** (e.g., `stratum+tcp://stratum.braiins.com:3333`) - Enter the pool's **worker identity** (e.g., `username.worker1`) - Confirm the bid creation via Telegram when prompted - Monitor your bid in the **Orders** tab ### 6. Get a Contract Running **For guaranteed, fixed-term capacity:** - Open the **Contracts** tab and click **New contract** - Set the **speed** (PH/s) and **duration** - Select or enter your **Mining pool URL** (e.g., `stratum+tcp://stratum.braiins.com:3333`) and **worker identity** (e.g., `username.worker1`) - Review the **quote** — **hashrate cost + fee** — before confirming - Confirm the contract; the required funds are **reserved** from your balance and delivery starts at the scheduled time - Track delivery and finances in the **Contracts** tab - Keep enough funds on your balance to cover the contract's duration — it is topped up from your balance as it runs A contract is a commitment — make sure you understand the reservation fee before placing the order. If you cancel early, the fee is charged on the undelivered part of the contract. See [canceling a contract](/braiins-hashpower/contracts.md#canceling-a-contract). See the [Contracts guide](/braiins-hashpower/contracts.md) for full details. ### 7. Try Demo Mode (Optional) - Use `demo` as the API token to explore the platform - Demo mode provides simulated data for testing ## Next Steps Once you're comfortable with the basics: - Learn about the [Trading Interface](/braiins-hashpower/trading.md) for advanced bid management - Buy fixed-term, guaranteed capacity with [Contracts](/braiins-hashpower/contracts.md) - Explore [Solo Mining](/braiins-hashpower/solo-mining.md) with the "Try Your Luck" feature - Set up [API Integration](/braiins-hashpower/api.md) for automated trading - Review [Account Management](/braiins-hashpower/account.md) for balance and transaction history Need help? Contact Braiins support or visit our [FAQ section](/braiins-hashpower/faqs/basics.md) for common questions. --- Was this helpful? Yes, thanks!Sort of, thanks!Not really Talk to us!