Mining Contract

Blockchain based unit of value issued by an organization, which grants token holders a right to participate in a network.

PPLNS system only pays miners after the pool has discovered the block. This means you'll only be compensated once the block has been discovered.

Refers to the business license issued by the New York State Department of Financial Services (NYSDFS) to companies dealing with Cryptocurrencies (subject to certain exceptions) in New York.

A term used to describe cryptocurrency proof-of-work protocols that are resistant to Application-Specific Integrated Circuit (ASIC), by packing in various parameters that make it difficult for ASICs to have a competitive edge against consumer hardwares.