It is a process using high-performance computing devices to tackle complicated computational math problems, and as a result, tokens are rewarded to the miner completed the block.

It is used to calculate encryption functions, usually performing a single calculation program and being equipped with a mining chip.

Miners combine their computational power over a network and become a joint mining group. The mining pool assigns calculation tasks to each miner （mining rig） connected to the pool.

A place which has a large number of mining rigs to mine cryptocurrencies.

It refers to the amount of time used in mining.

When miners help create a new block, they will get 6.25 Bitcoins as a reward. This process of updating the public ledger is called mining a block.

It refers to an individual who wants to get the block reward by using computers to calculate the encryption functions.

It is a kind of service provided to those who want to conduct mining but do not want to buy mining devices.

It is an economic theory that the changes in the supply of money have no impact on the overall economy.

An encryption function that is able to transform any information into a fixed-length string.

As the measurement of Bitcoin network processing power, it can measure the speed of the Hash Function output calculated by CPU.

是用来验证矿工在某一段时间内是否存储了相关的用户数据。

Recently, due to power difficulties in Kazakhstan, Uzbekistan and other regions, Kazakhstan electric power company suddenly cut off the power supply of Bitcoin mining enterprises.

Deputy Minister of energy of Russia stated that cryptocurrency mining must be included in the regulatory framework on March 28

China’s State Council’s Financial Stability and Development Committee vowed to crack down on Bitcoin mining and trading activities