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Mining Pool

By CoinGecko | Updated on Mar 03, 2020
Combination of resources of several miners to obtain a higher mining power and thus achieve greater rewards for the opening of blocks. There are some that are public and there are some that are private.

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Related Terms

Central Ledger
Central data repository of a company or bank
Token Burn
An event in which tokens are verifiably removed permanently removed from circulation.
BUIDL
An advice for investors to contribute new projects on blockchain rather than holding cryptocurrencies and waiting for the price to increase
Fiat-Pegged Cryptocurrency
Cryptocurrencies are pegged to an underlying asset.
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