Cryptionary

Mining Pool

1. mining

An operation where multiple miners work together to pool their hash power in order to find blocks with more consistency.

When a block is found, each of the participating miners earns their share of the block reward depending on their contribution of hash power to the pool.

* All terms and definitions may update as the Cryptionary improves.

All terms

Hash rate Hodl ICO IEO Instamine JOMO Know Your Customer Lambo Lightning Network Limit order Liquidity Locktime Majority Attack Market Cap Market Order Masternode Maximalist Maximum Supply Mempool Mining Mining Pool Minting Baton Mnemonic Mooning 🌕Multi Signature Node OP_RETURN Opcode Orphan Premining Privacy Coins Private Key Proof of Stake Proof of Work Public Key Pump and Dump Rekt Replace By Fee Satoshi Nakamoto Satoshis