POOL - MINING ALGORITHM - PUMP AND DUMP - ADDRESS -

rspower (48)in #money • 6 years ago


POOL	an address usually presents itself as a string of alphanumeric characters. cryptocurrency addresses are used to send or receive transactions on the network. ^{Source + Source}
MINING ALGORITHM	mining pools are a useful way to increase your probability of successfully mining a block as the difficulty rises. a collection of mining clients which collectively mine a block, and then split the reward between them. ^{Source + Source}
PUMP AND DUMP	when the value is high enough, the perpetrator sells their assets, cashing in and flooding the market, which causes the value to crash. the publicity causes others to acquire the asset, forcing up its value. inflating the value of a financial asset that has been produced or acquired cheaply, using aggressive publicity and often misleading statements. ^{Source + Source}
ADDRESS	bitcoin’s mining algorithm is sha256, whilst litecoin & dogecoin’s are scrypt. the algorithm used by a cryptocurrency to sign transactions, these vary across different cryptocurrencies. ^{Source + Source}


POOL	mining pools are a useful way to increase your probability of successfully mining a block as the difficulty rises. a collection of mining clients which collectively mine a block, and then split the reward between them. ^{Source + Source}
MINING ALGORITHM	bitcoin’s mining algorithm is sha256, whilst litecoin & dogecoin’s are scrypt. the algorithm used by a cryptocurrency to sign transactions, these vary across different cryptocurrencies. ^{Source + Source}
PUMP AND DUMP	when the value is high enough, the perpetrator sells their assets, cashing in and flooding the market, which causes the value to crash. the publicity causes others to acquire the asset, forcing up its value. inflating the value of a financial asset that has been produced or acquired cheaply, using aggressive publicity and often misleading statements. ^{Source + Source}
ADDRESS	an address usually presents itself as a string of alphanumeric characters. cryptocurrency addresses are used to send or receive transactions on the network. ^{Source + Source}

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