mining

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Related to Bitcoin: Bitcoin mining, Bitcoin wallet, Bitcoin miner

mining

(mi'ning) [ME]
1. The extraction of useful information from a database. Synonym: data mining
2. The extraction from the earth of materials with industrial value, such as coal, silver, or gold. Miners are exposed to various occupational disorders, including respiratory diseases (e.g., pneumoconiosis), allergies, and traumatic injuries.

data mining

Mining (1).
References in periodicals archive ?
Since you can buy Bitcoin in any currency and then exchange them later for another one, it gives you maximum freedom as far as payments go.
My exploration about Bitcoin transpired into a learning journey.
Coinfloor simplifies this process for bitcoin buyers by providing a direct and personal interface to a vetted Coinfloor Market Broker with local banking facilities.
Insurance crime policy for mercantile and governmental customers who accept bitcoin to provide coverage for the payment method, and to tailor coverage to fit insureds' unique needs.
The second concept to grasp is the process of minting a bitcoin (i.
Last year Bristol's only Bitcoin cash machine processed 250 transactions and PS38,000 of the currency in just one month.
Stranex said insecurity issues experienced with Bitcoin globally are not down to the core Bitcoin network, but rather services built on top of the networks, which vary in security depending on the skill and experience of the companies involved.
Bitcoin has essentially turned the mistrust of existing financial institutions into a philosophy.
The ultimate owner of any single unit of bitcoin can be tracked through a central system, and any transaction is automatically recorded.
With bitcoin clubs forming at colleges, Klamka says he's received many calls from college students requesting bitcoin ATMs.
The idea to send remittances through bitcoin exchanges is relatively new, especially in the Gulf Co-operation Council, but with the growing popularity of the cryptocurrency and its low transaction costs -- Igot charges a 1% exchange fee and nothing for the remittance itself -- migrant workers could increasingly acquire a taste to settle their remittances back home in bitcoins.
A Bitcoin, however, is a virtual asset (not tangible), consisting of a numerical entry on a public ledger known as a Blockchain, and is owned by the possessor of a secret number, or "private key.