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the act of grabbing your diamond pickaxe and mining the diamonds, like a yeast
mining definition: 1. the industry or activity of removing substances such as coal or metal from the ground by.. Learn more.
Define Mining industry. Mining industry synonyms, Mining industry pronunciation, Mining industry translation, English dictionary definition of Mining industry. n. 1. The process or business of extracting ore or minerals from the ground. 2. a. The process of digging under .
Mining. People compete to "mine" bitcoins using computers to solve complex math puzzles. This is how bitcoins are created. Currently, a winner is rewarded with 12.5 bitcoins roughly every 10 ...
Mining definition: Mining is the industry and activities connected with getting valuable or useful minerals... | Meaning, pronunciation, translations and examples
Bitcoin is Secure. Bitcoin miners help keep the Bitcoin network secure by approving transactions. Mining is an important and integral part of Bitcoin that ensures fairness while keeping the Bitcoin network stable, safe and secure. Links. We Use Coins - Learn all about crypto-currency. Bitcoin News - Where the Bitcoin community gets news.
mining meaning: 1. the industry or activity of removing substances such as coal or metal from the ground by digging: 2. the use of special software to try to obtain new cryptocurrency (= digital currency produced by a public network rather than by a government): 3. the industry or activity of.. Learn more.
Mining definition is - the process or business of working mines. Recent Examples on the Web. But most scientists work in Cerro de Pasco, a mining town in the Central Andes at a substantially lower altitude, 4300 meters. — Xing Liu, Science Magazine, "At 5100 meters elevation, a Peruvian gold mining town is the world's highest settlement—and a good place to study how life at extremely low ...
Mining is defined as the process of using computer power to solve a complex math problem, review and verify information, and create a new recording to be added to the blockchain. Imagine the blockchain as a digital book of records. Just like paper pages, these digital pages can .
Cycle mining - A system of mining in more than one working place at a time, that is, a miner takes a lift from the face and moves to another face while permanent roof support is established in the previous working face. D. Demonstrated reserves – A collective term for the sum of coal in both measured and indicated resources and reserves.
Mining definition is - the process or business of working mines. Recent Examples on the Web. But most scientists work in Cerro de Pasco, a mining town in the Central Andes at a substantially lower altitude, 4300 meters. — Xing Liu, Science Magazine, "At 5100 meters elevation, a Peruvian gold mining town is the world's highest settlement—and a good place to study how life at extremely low ...
Bitcoin mining is the process of creating, or rather discovering, bitcoin currency. Unlike real-world money that is printed when more is needed, bitcoin cannot simply be willed into existence, but has to be mined through mathematical processes. Bitcoin maintains a public ledger that contains past transactions, and mining is the process of ...
Data mining is the process of discovering patterns in large data sets involving methods at the intersection of machine learning, statistics, and database systems. Data mining is an interdisciplinary subfield of computer science and statistics with an overall goal to extract information (with intelligent methods) from a data set and transform the information into a comprehensible structure for ...
Abutment — In coal mining, (1) the weight of the rocks above a narrow roadway is transferred to the solid coal along the sides, which act as abutments of the arch of strata spanning the roadway; and (2) the weight of the rocks over a longwall face is transferred to the front abutment, that is, the solid coal ahead of the face and the back abutment, that is, the settled packs behind the face.
What is Mining? Geology, Mining 8:43 PM. A + A-Print Email. Mining is the extraction of valuable minerals or other geological materials from the earth, usually from an orebody, lode, vein, seam, reef or placer deposit. These deposits form a mineralized package that is of economic interest to the miner.
Data mining is a process used by companies to turn raw data into useful information. By using software to look for patterns in large batches of data, businesses can learn more about their ...
Definition: In simple words, data mining is defined as a process used to extract usable data from a larger set of any raw data. It implies analysing data patterns in large batches of data using one or more software. Data mining has applications in multiple fields, like science and research. As an ...
Define mining. mining synonyms, mining pronunciation, mining translation, English dictionary definition of mining. n. 1. The process or business of extracting ore or minerals from the ground. 2. a. The process of digging under an enemy emplacement or fortification to...
Mining is typically done on a dedicated computer, as it requires a fast CPU, as well as higher electricity usage and more heat generated than typical computer operations. The main incentive for mining is that users who choose to use a computer for mining are rewarded for doing so. In the case of bitcoin, it is 25 bitcoins per hash.
Jun 25, 2019· Chances are you hear the phrase "bitcoin mining" and your mind begins to wander to the Western fantasy of pickaxes, dirt, and striking it rich. As it turns out, that analogy isn't too far ...
Nov 28, 2014· Mining definition, the act, process, or industry of extracting ores, coal, etc., from mines. See more.
The purpose of mining is probably a little confusing at first. I will keep the Bitcoin blockchain as an example throughout this article. Mining is NOT about creating new bitcoins. Mining is the mechanism that allows the blockchain to be a decencentralized security. It secures the bitcoin system and enable a system without a central authority.
Aug 21, 2017· Cryptocurrency mining includes two functions, namely: adding transactions to the blockchain (securing and verifying) and also releasing new .
Definition of MINING: The process or business of extracting from the earth the precious or valu- able metals, either in their native state or in their ores. In re Rollins Gold The Law Dictionary Featuring Black's Law Dictionary Free Online Legal Dictionary 2nd Ed.
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