Phrases with «to mine the cryptocurrency»

"To mine the cryptocurrency" means to use a computer to solve complex mathematical problems, which in turn helps to verify and record transactions made with that cryptocurrency. By doing this, people can earn units of that cryptocurrency as a reward for their computational efforts. Full definition

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Sentences with «to mine the cryptocurrency»

  • They typically receive investments in the form of cryptocurrency in exchange for shares known as tokens. (money.cnn.com)
  • One of the project goals is to provide liquidity for cryptocurrency exchange market and to create worldwide order book. (ccinews.net)
  • It is a well - known fact that the nature of cryptocurrency market as a whole is extremely volatile. (globalcoinreport.com)
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