SHA-256 - KYC - MINING POOL - CRYPTOCURRENCY -

madison.gagnon (38)in #bitcoin • 6 years ago


SHA-256	cryptocurrencies are representations of digital assets. also known as tokens. ^{Source + Source}
KYC	a way to allows the rewards to be distributed more consistently between participants in the pool. a group of miners who have decided to combine their computing power for mining. ^{Source + Source}
MINING POOL	it uses a lot of computing power and processing time, forcing miners to form mining pools to capture gains. sha-256 is a cryptographic algorithm used by cryptocurrencies such as bitcoin. ^{Source + Source}
CRYPTOCURRENCY	know your client/customer rules force financial institutions, in order ensuring that they are legitimate, to vet the people they are doing business with.^{Source + Source}


SHA-256	it uses a lot of computing power and processing time, forcing miners to form mining pools to capture gains. sha-256 is a cryptographic algorithm used by cryptocurrencies such as bitcoin. ^{Source + Source}
KYC	know your client/customer rules force financial institutions, in order ensuring that they are legitimate, to vet the people they are doing business with.^{Source + Source}
MINING POOL	a way to allows the rewards to be distributed more consistently between participants in the pool. a group of miners who have decided to combine their computing power for mining. ^{Source + Source}
CRYPTOCURRENCY	cryptocurrencies are representations of digital assets. also known as tokens. ^{Source + Source}

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