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
Proof-of-Authority (PoA)
A consensus algorithm that asigns block validation queue based on identity and reputation.
Circulating Supply
An approximation of the number of coins or tokens that are currently not locked and available for public transactions.
Ethereum Virtual Machine (EVM)
Ethereum Virtual Machine (EVM) is the environment in which all smart contracts are executed.
Proof-of-Burn (PoB)
A consensus algorthm that assigns block validation queue based on the coins/token burned by the validator.
Hungry for more knowledge?
Back to Glossary or Subscribe to our newsletter.