Mining Rig
By CoinGecko | Updated on Mar 03, 2020
A computer being used for mining. A mining rig could be a dedicated piece of hardware for mining, or a computer with spare capacity that can be used for other tasks, only mining part time.
Related Terms
Hashrate
Total processing power of a blockchain or what is the same, are the amount of hash values that can be made in a period of time.
51% Attack
An attack on blockchain by a group of miners controlling more than 50% of network hash rate
Dump
A common term used to describe downward market movement, or to describe the action of selling an individuals holdings.
Buy Wall
Anomalously large buy order(s) at a single price point that reflects as a "wall" in the order book.
Hungry for more knowledge?
Back to Glossary or Subscribe to our newsletter.