mining pool

English

Noun

mining pool (plural mining pools)

1. The pooling of resources by cryptocurrency miners who share their processing power and split the reward.
   • 2022 January 6, “Kazakhstan internet shutdown deals blow to global bitcoin mining operation”, in The Guardian‎^[1]:

     The hashrate at major crypto mining pools – groups of miners in different locations that team up to produce bitcoin – including AntPool and F2Pool was on Thursday at 1215 GMT down around 14% from its level late on Tuesday, according to data from mining firm BTC.com.

Further reading

• mining pool on Wikipedia.Wikipedia