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Blockchain & Crypto Glossary
Short for "Mirror Assets," mAssets are synthetic assets issued by the Mirror Protocol that mimic the price behavior of real-world assets from leading enterprises around the world.
Minting is a process that is used to create new tokens for a blockchain network. Minting requires no resources and is used to increase the circulating supply. It is often carried out..
A mining rig is a system used to mine cryptocurrency. This rig can either be a device that is specifically designed and built for mining, or a personal computer that is only used to mine..
A mining reward, also referred to as a block reward, are native assets of a network that miners receive for successfully mining blocks of transactions. A mining reward can vary over time..
A mining pool combines — or "pools" — the hash rate of the crypto miners that join it to mine blocks and distribute the associated block rewards. This is done so miners can have a more..
A mining farm is a physical location, often quite large, that stores many specialized computers that are designed to mine specific cryptocurrencies. The most commonly mined cryptocurrency is..
Mining as a Service (MaaS) is a cloud product that allows you to purchase mining power (or hash rate) from a cloud mining provider, typically measured in megahashes per second (mh/s) and..
A mining algorithm is a component of a Proof-of-Work (PoW) blockchain. A mining algorithm is typically a cryptographic puzzle that requires significant computational power to solve..
Mining is the process of using computing power to verify and record blockchain transactions. Mining also results in the creation of new coins, which miners earn as a reward for their..
A Minimum Viable Product (MVP) is an early version of a product that has enough features such that a company is able to trial the product and collect data on how customers or clients may use..
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