bitcoin

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bitcoin

n
1. (Computer Science) (usually capital) a system of open source peer-to-peer software for the creation and exchange of (payment in) a certain type of cryptocurrency; the first such system to be fully functional
2. (Currencies) (sometimes capital) the cryptocurrency created and exchanged using this software
[C21]
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
References in periodicals archive ?
Hash rate is the measure of the bitcoin miner's performance, the speed at which the miner solves the Bitcoin code.
M2 PRESSWIRE-August 16, 2019-: Bitcoin Miner Market to See Huge Growth by 2020| Halong Mining, BitFury Group, ASICminer, Russian Miner Coin
is a US- based Bitcoin miner, overseeing the operation 5,700 Bitmain S9 miners.
We imagine the WMD device is a Bitcoin miner that can produce 1,000,000,000,000,000,000 EH/s of hashrate.
Andy itself calls an IP which then transfers the bitcoin miner to your system".
Applications that can be used for the same include Bitcoin Miner (which is available for free download on Windows through the Microsoft Store) and Easy Miner, among others.
The company, whose stock price jumped by nearly 120 per cent following the announcement of its ICO, said it would offer customers the opportunity to rent a bitcoin miner on a two year contract, for $3,400 in an upfront payment.
If this sounds familiar, it's likely that you've got a bitcoin miner.
Meanwhile, another study reckoned that 60% of a Bitcoin miner's income would be spent on operational costs, including electricity bills.
The unnamed home buyer is understood to be a so-called "Bitcoin miner" who made an early killing on the crypto currency and is now converting it into bricks and mortar by buying a new home as an investment property.
That means, of course, that the only way to be profitable as a Bitcoin miner is to have access to the cheapest possible electricity.