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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...
The complexity of a task, which the miners have to solve for a certain period of time in order to create a block
A tool helping you to estimate your potential profit from cryptomining.
The cryptocurrency algorithm used to mine a particular coin. Some popular mining algorithms are SHA-256, Ethash, Scrypt, Cryptonight and X11
The process of verifying cryptocurrency transactions which are then added to the blockchain ledger
could refer either to the hardware or the person dealing with crypto mining.
The coins acquired from the process of mining. These types of coins are those that are given as a reward to the miner who manages to find a solution to a complex...
an indicator showing the relative size of a cryptocurrency. It is calculated by the following formula: Market Cap = Price X Circulating Supply
a node, also known as a thin client, that doesn’t store the entire blockchain. These nodes store only the block headers, therefore, they can’t check transactions...
The internet data delay which you experience if you are far away from the server. Usually measured in ping.
The Internet Protocol address assigned as a label to every device in a computer network.
Initial coin offering or raising funds for starting a project (creating a new coin).
a label under which each device connected to a computer network is recognized when participating in any form of electronic communication.
The calculating power of a device measured in hashes per second. Each hash rate is a created block that is tested against the network.
GRN Energy team of consultants stand ready to answer all your questions and create a tailor-made solutions for your requirements.
