What is a SOFT FORK?
A change to the existing blockchain protocol where previously valid transactions are made invalid. A soft fork is backward-compatible because the old nodes will...
GRN Energy team of consultants are standings ready to anwser all your questions and create tailormade solutions for your requirements.
A change to the existing blockchain protocol where previously valid transactions are made invalid. A soft fork is backward-compatible because the old nodes will...
A contract written in computer code, set up to execute and carry itself out automatically under specified conditions. When it is on the blockchain, both sides can...
ROI is an indicator showing the ratio of profit or loss on initial investment in percentage.
a record of every transaction ever made in the blockchain. It can’t be changed; only new information is added.
A code, which is kind of a certificate of ownership. This key enables you to access coins and tokens send to you on the Blockchain.
a personal address that allows you to send and receive cryptocurrencies
A concept allowing people to verify transactions according to the computing power they put into solving algorithmic problem – adding a new block to the Blockchain.
A numerical value which shows how fast you get a response after sending out a request via your internet connection.
Personal Component Interconnect Express or PCI is a type of connection for devices. It is an expansion slot, that connects the video cards with the motherboard. It...
A piece of paper, on which you write down or print the public and private keys for accessing your cryptocurrency savings.
Peer-to-peer network where two or more computers are connected and share information. This is done with no separate server PC.
How many machines are working in one network – the more the machines, the higher the difficulty of finding new blocks.
a software application installed on you mobile device, from which you can access your cryptocurrencies
a software application that manages the mining hardware’ work. It also displays statistics such as the speed of your miner, hash rate, fan speed and the...
The device used to mine coins. It could be CPU, GPU, ASICs or FPGA.
A set of mining hardware device that is created to mine with high power and efficiency.
A group of miners who have combined their computing power to increase their chances of mining a block. The reward is split proportionally between the participants...
GRN Energy team of consultants stand ready to answer all your questions and create a tailor-made solutions for your requirements.