Confirmation

Confirmation

The process by which transactions are verified and permanently added to the blockchain.

Sorodni izrazi

Canaan

Major Bitcoin ASIC manufacturer known for the Avalon Miner series.

CGMiner

Early open-source mining software written in C that became the industry standard for ASIC mining before becoming outdated.

CPU

Central Processing Unit; general-purpose processor historically used for early Bitcoin mining but now obsolete for profitable mining.

Centralization

Concentration of mining power, control, or network resources in few entities, increasing risks like 51% attacks.

Chip

Semiconductor dies (from foundries like TSMC/Samsung) integrated into ASICs; newer chip nodes improve mining efficiency.

Cloud Hosting

Service where users purchase and own mining hardware but have it hosted and maintained at a remote facility.

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