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mining pool

noun

mining pool

noun
1

The pooling of resources by cryptocurrency miners who share their processing power and split the reward.

  • 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.2022 January 6, “Kazakhstan internet shutdown deals blow to global bitcoin mining operation”, in The Guardian:

Entry derived from the Wiktionary, under licence CC BY-SA 4.0 — list of authors.