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
Bullish
A term used to indicate positive sentiment towards the market or an asset, where investors believe that there will be upward price movement.
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Cryptocurrency with a price peg to fiat currencies or commodity.
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A Dutch Auction, also know as an "inverted" auction, starts off with high asking price that decays over time until a pre-determined floor price.
Cloud Mining
Mining on blockchains through rented processing power rented from companies that host the physical equipment.
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