We discuss a method based on sampling minimally entangled typical thermal states (METTS) that can simulate finite temperature quantum systems with a computational cost comparable to the ground state density matrix renormalization group (DMRG). Detailed implementation of each step of the method is presented, along with efficient algorithms for working with matrix product states and matrix product operators. Furthermore, we explore how the properties of METTS can reveal characteristic order and excitations of systems and discuss why METTS form an efficient basis for sampling. Finally, we explore the extent to which the average entanglement of a METTS ensemble is minimal.
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