VBit Crypto Mining Glossary

M

MARKET CAPITALIZATION – The total value of an asset, calculated by multiplying the total number of outstanding shares (or coins) and the price per share (or coin). Market cap represents total size.

MINING – The process of using hardware to perform mathematical calculations for the Bitcoin network to confirm transactions.

MINING RIG – A mining rig is the computer equipment used for mining bitcoins.

MINING POOL – A Mining pool is a network of miners that work together to mine a block, then split the block reward among the pool miners.

Want to Join Millions of Ordinary People Who Are Making Steady Bitcoin Flow With VBit?

Click the Button Below and Get Started Immediately

Start Mining Today