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
Atomic SWAP
Atomic Swap refers to the exchange of cryptocurrencies that operate in different block chains without intermediaries.
UTC Time
"Universal Time Coordinated", can be used interchangably with Greenwich Mean Time (GMT).
Whale
Someone who holds an enormous amount of cryptocurrency and has the ability to wave the market
Blockchain
In Bitcoin's case, blockchain describes its decentralized, public ledger which contains transactional information.
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