fbpx
1 = $ 0000.00 | € 0000.00 | £ 0000.00 | Trade Bitcoin Here!

Miner

A miner in cryptocurrency is someone who uses the computing power of their own hardware to validate transactions on a blockchain in order to collect the blockchain rewards.

Mining

The process of trying to ‘solve’ the next block’s PoW puzzle. It requires obscene amounts of computer processing power to do effectively. In the case of Bitcoin the difficulty increases…

Mining Farm

Big storage house full of mining rigs. These were once primarily in China, but with recent regulatory changes many mining farms in China have shutdown or moved. Russia is a…

Mining Node

A node that sacrifices computing power to solve the proof-of-work puzzle in order to maintain the integrity of the network. Nodes help provide security to the Bitcoin network, as well…

Mining Pools

The process of mining cryptocurrency blocks is extremely resource intensive in many cases, and can use up a lot of computer processing power. It is also very difficult to mine…

Mining Rig

A machine/computer specifically designed to solve the PoW puzzle in the most power efficient way. Mining rigs these days are equipped with a specialized ASIC chip that has been designed…

Mintage Cap

The process of mining cryptocurrencies creates new coins, which is necessary because the blockchain requires enough coins to be available to attract new investors. The generation of new coins is…

Mixing Service

Mixing Service is the act of combining Bitcoins from different people by switching their addresses. This can help improve privacy and anonymity, but also can be used for money laundering.

Mnemonic Seed Phrase

Mnemonic is a word describing a system that helps you to remember something. There are many mnemonic systems, including rhyming schemes, abbreviations, songs, and others which all have the goal…

Mobile Wallet

A mobile wallet is a type of cryptocurrency software wallet that is installed and resides on your mobile device. There are a variety of wallets for both Android and iOS…

Close Menu