← Back to search

Meaning of mining pool | Babel Free

Noun CEFR B2

Definitions

The pooling of resources by cryptocurrency miners who share their processing power and split the reward.

Examples

“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.”

CEFR level

B2

Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.

See also

mining town Mininger Minion miniondom minionette minionhood