diff --git a/README.md b/README.md
index ce74df1b..388a9383 100644
--- a/README.md
+++ b/README.md
@@ -41,6 +41,7 @@ There are several add-on services available to extend the functionality of Bitco
 
 ## Documentation
 
+- [Upgrade Notes](docs/upgrade.md)
 - [Services](docs/services.md)
   - [Bitcoind](docs/services/bitcoind.md) - Interface to Bitcoin Core
   - [Web](docs/services/web.md) - Creates an express application over which services can expose their web/API content
diff --git a/docs/upgrade.md b/docs/upgrade.md
new file mode 100644
index 00000000..19d88a53
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+++ b/docs/upgrade.md
@@ -0,0 +1,75 @@
+# Upgrade Notes
+
+## From Bitcore 3.0.0 to 4.0.0
+
+`bitcore-node@2.1.1` to `bitcore-node@3.0.0`
+
+This major upgrade includes changes to indexes, API methods and services. Please review below details before upgrading.
+
+### Indexes
+
+Indexes include *more information* and are now also *faster*. Because of this a **reindex will be necessary** when upgrading as the address and database indexes are now a part of bitcoind with three new `bitcoin.conf` options:
+- `-addressindex`
+- `-timestampindex`
+- `-spentindex`
+
+### Configuration Options
+
+- The `bitcoin.conf` file in will need to be updated to include additional indexes *(see below)*.
+- The `datadir` option is now a part of `bitcoind` spawn configuration, and there is a new option to connect to multiple bitcoind processes (Please see [Bitcoin Service Docs](docs/services/bitcoind.md) for more details). The services `db` and `address` are now a part of the `bitcoind` service. Here is how to update `bitcore-node.json` configuration options:
+
+**Before**:
+```json
+{
+  "datadir": "/home/<username>/.bitcoin",
+  "network": "livenet",
+  "port": 3001,
+  "services": [
+    "address",
+    "bitcoind",
+    "db",
+    "web"
+  ]
+}
+```
+
+**After**:
+```json
+{
+  "network": "livenet",
+  "port": 3001,
+  "services": [
+    "bitcoind",
+    "web"
+  ],
+  "servicesConfig": {
+    "bitcoind": {
+      "spawn": {
+        "datadir": "/home/<username>/.bitcoin",
+        "exec": "/home/<username>/bitcore-node/bin/bitcoind"
+      }
+    }
+  }
+}
+```
+
+It will also be necessary to update `bitcoin.conf` settings, to include these fields:
+```
+server=1
+whitelist=127.0.0.1
+txindex=1
+addressindex=1
+timestampindex=1
+spentindex=1
+zmqpubrawtx=tcp://127.0.0.1:<port>
+zmqpubhashblock=tcp://127.0.0.1:<port>
+rpcallowip=127.0.0.1
+rpcuser=<user>
+rpcpassword=<password>
+```
+
+**Important**: Once changes have been made you'll also need to add the `reindex=1` option **only for the first startup** to regenerate the indexes. Once this is complete you should be able to remove the `bitcore-node.db` directory with the old indexes.
+
+### API and Service Changes
+- Many API methods that were a part of the `db` and `address` services are now a part of the `bitcoind` service. Please see [Bitcoin Service Docs](docs/services/bitcoind.md) for more details.
+- The `db` and `address` services are deprecated, most of the functionality still exists. Any services that were extending indexes with the `db` service, will need to manage chain state itself, or build the indexes within `bitcoind`.
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