1. Bitcoin Mining
Bitcoin mining is the process by which transactions are validated and added to the Bitcoin blockchain through a proof-of-work mechanism. Miners use specialized computing equipment to perform cryptographic calculations in order to discover new blocks and secure the network.
The Bitcoin protocol automatically adjusts mining difficulty to maintain an average block interval of approximately ten minutes, regardless of changes in total network computing power. This mechanism helps ensure the stability and security of the network over time.
2. Mining Hashpower
Mining hashpower refers to the computational capacity used to perform cryptographic hashing operations in Bitcoin mining. It is commonly measured in hashes per second (H/s), or larger units such as terahashes per second (TH/s) and exahashes per second (EH/s).
At the network level, total hashpower reflects the combined computing power contributed by all participating miners and is a key indicator of network security. At the operational level, hashpower represents the computing resources required to participate in mining activity.
3. Bitcoin Mining Hashpower as a Service
Bitcoin Mining Hashpower as a Service is a service-based model that provides access to standardized mining computing capacity without transferring ownership of mining hardware or physical infrastructure.
Under this model, users do not purchase mining equipment or operate mining facilities. Instead, they access mining hashpower as a service provided and operated by the platform. This service does not constitute an investment product, financial arrangement, or profit-generating scheme, and it is not intended to provide guaranteed outcomes or financial returns.
4. The StandardHash Service Model
StandardHash operates and maintains the underlying mining infrastructure, including but not limited to mining machines, power supply systems, cooling facilities, network connectivity, and operational monitoring.
Once activated, the hashpower service is deployed on real mining machines and operates subject to operational conditions, network availability, power supply, and other external factors. Any mining output (if any) generated through the service is transferred directly to the user’s designated receiving wallet on a non-custodial basis.
Service availability remains subject to operational conditions and the timely payment of applicable service and electricity fees. Mining output is not guaranteed, may fluctuate significantly, and may be zero.
5. Key characteristics of the service include：
- Access to standardized mining Hashpower as a service
- No ownership of mining hardware or physical infrastructure
- Non-custodial transfer of any mining output (if any) to user-designated wallets
- No fixed-term investment contract
- Service operation subject to operational and network conditions
- No guaranteed mining output, profitability, or performance
6. Difference from Traditional Cloud Mining
Traditional cloud mining models often promote fixed returns, investment-like contracts, or profit expectations tied to specific time periods.
In contrast, Bitcoin Mining Hashpower as a Service is structured purely as an operational service. It does not involve asset ownership, investment contracts, or guaranteed financial outcomes. Users access computing capacity, while all mining operations and infrastructure management remain the responsibility of the service provider.
7. Summary
Bitcoin Mining Hashpower as a Service provides standardized access to Bitcoin mining infrastructure through a service-based model. It is designed to offer operational access to mining hashpower without hardware ownership, investment arrangements, or profit guarantees.
Mining activity and any resulting output are subject to network conditions, operational factors, and external circumstances. Mining output is not guaranteed and may be zero.