What is Bitcoin Lottery Mining? Bitcoin lottery mining is a solo mining approach where individual miners or small-scale operations compete to discover a valid block on the Bitcoin network. It's called "lottery" mining because it resembles playing a lotterychances of winning are slim, but the potential payoff is significant. Unlike pool mining, where miners combine their computing power and split the rewards, lottery miners go it alone in hopes of claiming the full block reward for themselves. This strategy is deeply tied to Bitcoins proof-of-work consensus mechanism. Approximately every 10 minutes, a new block is added to the blockchain. Miners worldwide race to solve a complex mathematical puzzle, and the first to solve it earns the right to add the block and receive the full reward. In pool mining, this reward is divided among all contributors based on their share of computational power. In lottery mining, however, the entire reward goes to the solo miner who cracks the puzzle firstmaking it a high-risk, high-reward endeavor. Overview Elevate your home mining setup with this NM miner. Ideal for hobbyists and enthusiasts, it delivers up to 960 KH/s +- on SHA-256 coins, all housed in a sleek desk-style enclosure with a 2.8 full-color display and optional digital clock display. Key Features High Performance: Up to and over 1000 KH/s + Integrated Display: 2.8 full-color graphic screen with real-time stats and QR-code setup; switchable clock mode Effortless Wi-Fi Setup: Built-in access pointscan the QR code, enter your network credentials and wallet address Web-Based Dashboard: Monitor from any browser Solo SHA-256 Mining: Compatible with BTC, BCH, XEC, DGB, XNO and any SHA-256d-based coin Plug-and-Play Design: USB power (cable included); connects over 2.4 GHz Wi-Fi only Technical Specifications Specification Details Hashrate Up to 1000 KH/s +- Display 2.8 full-color graphic + optional clock Connectivity 2.4 GHz Wi-Fi (built-in access point) Power USB-C (cable included) Algorithms Supported SHA-256d solo mining Coins & Pools BTC, BCH, XEC, DGB, XNO Enclosure Custom two-piece desk-style Monitoring Wi-Fi Connection Browser-based dashboard 2.4 GHz Wi-Fi only Setup & Usage Power on and scan the QR code on the display or connect on WiFi Join the NMminer access point on your device - 192.168.4.1 default Enter your Wi-Fi SSID, password and wallet address Log in to the web dashboard to view hashrate, temperature, uptime and payouts Whats in the Box Custom-flashed NMminer board with 2.8 display Custom two-piece desk-style case USB power cable