Mining Contract
By CoinGecko | Updated on Mar 03, 2020
It is an agreement where a person could pay for the output of mining without owning the mining device. In other words, it is renting (or investing) in mining, while the mining decives are placed in a remote data centers.
Related Terms
Algorithmic Stablecoin
Algorithmic stablecoins are tokens pegged to a fiat currency which is usually the US dollar, purely through software and specific conditions.
Trading Volume
The amount of the cryptocurrency that has been traded in the last 24 hours.
Bull Market
A bull market indicates the direction of the market going in an upward trend.
Proof-of-Authority (PoA)
A consensus algorithm that asigns block validation queue based on identity and reputation.
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