Mining
By CoinGecko | Updated on Mar 03, 2020
It is the process of the miners verify and adding transaction recors into a block. The miner who successfully do the mining will be rewarded with a coin. The verification process typically requires the miner to use a specific hardware to mine and connected to the internet.
Related Terms
Sell wall
Anomalously large sell order(s) at a single price point that reflects as a "wall" in the order book.
Trustless
Entirely verifiable, without needing to trust or assume an action is done completely and in good faith.
Dump
A common term used to describe downward market movement, or to describe the action of selling an individuals holdings.
Limit Order / Limit Buy / Limit Sell
Orders placed by traders to buy or sell a cryptocurrency when a certain price is reached
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