Difference between revisions of "Mining Rigs"
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Dedicated computers used for [[mining]] [[Cryptocurrency|cryptocurrencies]] such as [[Bitcoin]], [[Litecoin]] etc. These are | Dedicated computers used for [[mining]] [[Cryptocurrency|cryptocurrencies]] such as [[Bitcoin]], [[Litecoin]] etc. These are purpose-built machines designed to [[mining|mine]] coins through finding solutions to complex mathematical problems so they can be added to [[public ledgers]]. They tend to have multiple graphics cards installed along with specially designed processors and cooling systems which helps them mine better than your average computer would be able to do alone. | ||
== Sources: == | == Sources: == | ||
https://fintechmagazine.com/financial-services-finserv/140-blockchain-and-crypto-words-ultimate-z-glossary | https://fintechmagazine.com/financial-services-finserv/140-blockchain-and-crypto-words-ultimate-z-glossary | ||
[[Category:Glossary]] | [[Category:Glossary]] | ||
Latest revision as of 04:52, 7 May 2022
Dedicated computers used for mining cryptocurrencies such as Bitcoin, Litecoin etc. These are purpose-built machines designed to mine coins through finding solutions to complex mathematical problems so they can be added to public ledgers. They tend to have multiple graphics cards installed along with specially designed processors and cooling systems which helps them mine better than your average computer would be able to do alone.