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mining definition

Definition: Mining is the process of verifying transactions by grouping them and adding them to the network’s permanent digital record, or blockchain.It is executed by individuals, called miners, who use their computing resources to perform the computations necessary to maintain and secure the credibility of the network

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mining | britannica

Mining, process of extracting useful minerals from the surface of the Earth, including the seas. A mineral, with a few exceptions, is an inorganic substance occurring in nature that has a definite chemical composition and distinctive physical properties or molecular structure. (One organic substance, coal, is often discussed as a mineral as well.)

urban dictionary: mining

the act of grabbing your diamond pickaxe and mining the diamonds, like a yeast

mining - definition of mining by the free dictionary

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 definition and meaning | collins english dictionary

May 14, 2021 · Mining definition: Mining is the industry and activities connected with getting valuable or useful minerals... | Meaning, pronunciation, translations and examples

mine | definition of mine by merriam-webster

Mine definition is - my —used before a word beginning with a vowel or h or sometimes as a modifier of a preceding noun—archaic except in an elevated style. How to use mine in a sentence

mining terms explained: a to z | anglo american

Mineral – a chemical compound, such as copper or iron, formed into crystals by geological processes. Muck – in open pit mining, muck is the ore that has been broken into pieces by explosives. In underground mining, muck is the clearing up that’s done after blasting to sort the rich ore from the poor rock. N

data mining definition

Data mining is the process of analyzing a large batch of information to discern trends and patterns. Data mining can be used by corporations for everything from learning about what customers are

strip mining | definition in the cambridge english dictionary

strip mining meaning: 1. a method of obtaining substances such as coal from the ground that involves removing the top…. Learn more

how does bitcoin mining work? what is crypto mining?

Bitcoin mining is the process by which new bitcoins are entered into circulation, but it is also a critical component of the maintenance and development of the blockchain ledger

mining - underground mining | britannica

Mining - Mining - Underground mining: When any ore body lies a considerable distance below the surface, the amount of waste that has to be removed in order to uncover the ore through surface mining becomes prohibitive, and underground techniques must be considered. Counting against underground mining are the costs, which, for each ton of material mined, are much higher …

what is data mining: definition, purpose, and techniques

Apr 02, 2019 · Data Mining Definition. Uses of Data Mining. Data mining is used for examining raw data, including sales numbers, prices, and customers, to develop better marketing strategies, improve the performance or decrease the costs of running the business. Also, Data mining serves to discover new patterns of behavior among consumers

copper mining definition and meaning | collins english

Copper mining definition: Copper is a reddish-brown metal that is used to make things such as coins and electrical... | Meaning, pronunciation, translations and examples

mining - wiktionary

May 01, 2021 · mining ( countable and uncountable, plural minings ) The activity of removing solid valuables from the earth. gold mining. ( figuratively) Any activity that extracts or undermines. quotations . His extensive mining for apparently statistically significant results made any of his results questionable. 1740, John Hawkesworth, The Works of

mining definition - law insider

Mining. definition. Mining means the mining, extracting, producing, handling, milling or other processing of Products. Mining means the extraction of minerals, ores, stone, or peat. Mining means the breaking of the surface soil in order to facilitate or accomplish the extraction or removal of minerals, ores, or other solid matter, any activity

mine - definition of mine by the free dictionary

Define mine. mine synonyms, mine pronunciation, mine translation, English dictionary definition of mine. n. 1. a. A hole or tunnel dug into the earth from which ore or minerals are extracted

what is cryptocurrency mining? | how bitcoin mining works

Apr 06, 2021 · Cryptocurrency mining, or cryptomining, is a process in which transactions for various forms of cryptocurrency are verified and added to the blockchain digital ledger. Also known as cryptocoin mining, altcoin mining, or Bitcoin mining (for the most popular form of cryptocurrency, Bitcoin), cryptocurrency mining has increased both as a topic of interest and …

mining terms dictionary | the diggings

Mining Terms Beginning with W. Washington Meridian (WASH MER) Wayleave. Widow-Maker. Willamette Meridian (WILL MER) Winze. Withdrawal. Withdrawal In Aid Of Legislation. Withdrawal, General Orders Of

what is bitcoin mining and how does it work? (2021 updated)

Apr 27, 2021 · Bitcoin mining is the backbone of the Bitcoin network. Miners provide security and confirm Bitcoin transactions. Without Bitcoin miners, the network would be attacked and dysfunctional. Bitcoin mining is done by specialized computers. The role of miners is to secure the network and to process every Bitcoin transaction

what is data mining? | sas

Data mining is the process of finding anomalies, patterns and correlations within large data sets to predict outcomes. Using a broad range of techniques, you can use this information to increase revenues, cut costs, improve customer relationships, reduce risks and more

glossary of mining terms legends of america

Glossary of terms used in the American Mining Industry. Dry Diggings – Earth excavated in the summer and held to be washed in winter when water was more plentiful.. Dry Washing – Fine soil blown away, leaving the gold.. Drywasher – A common desert mining tool similar to a highbanker but doesn’t need water.It operates by the use of wind. The light junk material is blown off the …

bitcoin mining definition / bitcoin mining: misconceptions

Know about bitcoin mining definition and example, bitcoin mining meaning, stock market terms, related terms means. Source: thedailychain.com Mining is the process of adding transaction records to bitcoin's public ledger of past transactions (and a mining rig is a colloquial metaphor for a single computer system that performs the necessary

what is cryptomining? - definition from techopedia

Apr 19, 2021 · Cloud mining allows a person to pay to rent a mining machine, called a rig. The renter is allowed to keep any cryptocurrency the rig mines over and above the cost of the maintenance of the rig. Laws governing cryptomining vary internationally

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