mining pool

English

Noun

mining pool (plural mining pools)

  1. The pooling of resources by cryptocurrency miners who share their processing power and split the reward.
    • 2022 January 6, “Kazakhstan internet shutdown deals blow to global bitcoin mining operation”, in The Guardian‎:
      The hashrate at major crypto mining pools – groups of miners in different locations that team up to produce bitcoin – including AntPool and F2Pool was on Thursday at 1215 GMT down around 14% from its level late on Tuesday, according to data from mining firm BTC.com.

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