Mining Pool
By CoinGecko | Updated on Mar 03, 2020
Combination of resources of several miners to obtain a higher mining power and thus achieve greater rewards for the opening of blocks. There are some that are public and there are some that are private.
Related Terms
Circulating Supply
An approximation of the number of coins or tokens that are currently not locked and available for public transactions.
Staking
The state of locking-in significant amount of token to participate as a validator of a Proof-of-Stake network.
Cryptography
A discipline or field of study which practices using cryptography to convert human-readable information that can only be deciphered by individuals who have the knowledge to.
Miners
Contributors to a blockchain taking part in the process of mining.
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