Phrases with «large miners»

The phrase "large miners" refers to companies or individuals who are engaged in the extraction of valuable resources, like minerals or metals, on a big scale. They typically have the equipment, resources, and financial capacity to extract these resources from the earth in significant quantities. Full definition

Sentences with «large miners»

  • 82 % of large miners are performing a single mining activity, and 27 % are engaged in more than two. (bitcoinist.com)
  • This, in turn, favors larger miners (or pools): They find more blocks themselves, and start building on these right away, meaning they waste fewer resources. (bitcoinmagazine.com)
  • The theory was that a miner of the network with more resources could publish many more transactions than a competing small miner could handle and therefore the network would tend towards few large miners rather than many small miners. (learnbitcoin.cash)
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