Phrases with «mining hardware»

"Mining hardware" refers to the specialized computer equipment designed to solve complex mathematical calculations, known as mining, in order to generate new units of cryptocurrency like Bitcoin. It is a physical device or machinery that enables individuals or organizations to participate in the process of creating and verifying cryptocurrency transactions. Full definition

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Sentences with «mining hardware»

  • The least powerful category of bitcoin mining hardware is your computer itself. (coindesk.com)
  • A proposal up for consideration on the ethereum classic blockchain could open the $ 2 billion network to a controversial type of mining hardware. (coindesk.com)
  • This investment in cryptocurrency mining hardware is expected to increase the revenue of the company. (coinstaker.com)
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