Specialized computer hardware designed for cryptocurrency mining

In Proof of Work mining, the Nonce is a random number that miners change over and over again to try and create the correct hash for a new block.

Application-Specific Integrated Circuit designed solely for mining crypto

What is Difficulty Bomb?

The Difficulty Bomb is a piece of code written into the Ethereum blockchain that gradually makes the process of Proof of Work mining exponentially harder.

What is Block Reward?

The Block Reward is the cryptocurrency prize that a miner or a validator receives for successfully creating and adding a new, valid block of transactions to the blockchain.

A node that verifies and approves transactions in Proof of Stake networks

Mining Pool definition

18 vues

Oct 04, 2025

Définition

Groups of miners combining computational resources to share rewards

Pools like Foundry and AntPool control over 50% of Bitcoins hashrate, making mining accessible to individuals but raising centralization concerns in the ecosystem. Top Pools (2025): Foundry USA: 32% hashrate. AntPool: 18%. F2Pool: 12%. ViaBTC: 10%. Pool Models: Pay-per-share (PPS), proportional, score-based; fees typically 1-2%.

keywords

Mining & Validation

Termes Connexes

Mining Rig

Nonce

ASIC Miner

Difficulty Bomb

Block Reward

Validator