mining pool — English Dictionary

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mining pool

Noun

The pooling of resources by cryptocurrency miners who share their processing power and split the reward.

Examples

More examples (1)

The hashrate at major crypto mining pools – groups of miners in different locations that team up to produce bitcoin – including AntPool and F2Pool was on Thursday at 1215 GMT down around 14% from its level late on Tuesday, according to data from mining firm BTC.com.

Word forms

mining pools

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