mining

Bitcoin and Cryptocurrencies

What is Ethereum (ETH)?

Ethereum, the second largest cryptocurrency (virtual currency) in terms of market capitalization after Bitcoin, is one o...
Cryptocurrency Glossary

What is Hash Rate?

Hash Rate is a unit that expresses the speed of mining. It is used as an indicator for selecting a machine for mining, s...
Cryptocurrency Glossary

What is a Nonce?

Nonce is an abbreviation for "number used once". It is a random, disposable number used only once in cryptocurrencies...
Cryptocurrency Glossary

What is Mining Income?

Mining Income is the reward earned by miners for generating new blocks through mining. In Bitcoin, a certain number o...
Cryptocurrency Glossary

What is Bitcoin Halving?

Halving is the timing when the mining reward of a cryptocurrency is halved. For example, in the case of bitcoin (BTC)...
Cryptocurrency Glossary

What is Mining?

Bitcoin compiles new transactions and adds them to the blockchain while maintaining the integrity and accuracy of the pr...
Cryptocurrency Glossary

What is Miner?

The people who perform the work (mining) of approving the successful completion of Bitcoin transactions. Miners receive ...
Cryptocurrency Glossary

What is Coin Age?

Coin Age is a measure of the number of years a coin has been held, and is used as a priority for Bitcoin trading and min...
Cryptocurrency Glossary

What is Cloud Mining?

Cloud mining is a method of earning mining rewards by investing in a mining service. You sign up with a cloud minin...
Cryptocurrency Glossary

What is an ASIC?

ASIC (Application Specific Integrated Circuit) is a type of integrated circuit (IC). In order to run it, you need a PC, ...
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