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What is Mining Pool?

Crypto Glossary Definition

A group of miners who share their processing power over a network. Each member is rewarded based on the amount of work they contributed to the block they helped mine.

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Related Crypto Terms

Miner Activated Soft Fork (MASF)A soft fork activated because miners signaled (voted) for it…MiningThe process by which new blocks are created on a blockchain …Mining AlgorithmThe nature of the computational work that must be performed …MintingMinting typically refers to the creation of an NFT. The pers…MixingAlso called 'tumbling', it is the randomizing of pool of cry…Multisig (Multisignature) WalletA wallet that requires more than one key to authorize a tran…
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