Block Withholding Attack definition

Block Withholding Attack means occurrences where a Miner in a Mining Pool intentionally does not submit any blocks they find to the pool. The intent of the attack is to cause the profitability of the mining pool to drop.2 Business Day means a day other than a Saturday, Sunday or public holiday in England and Wales. Cryptocurrency Mining means the process in which transactions between users are verified and added to a blockchain ledger. The process of mining is also responsible for introducing new coins into the existing circulating supply.3 Default Payment Threshold means 1 Ether.
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Related to Block Withholding Attack

  • FATCA Withholding means any withholding or deduction required pursuant to an agreement described in section 1471(b) of the Code, or otherwise imposed pursuant to sections 1471 through 1474 of the Code, any regulations or agreements thereunder, any official interpretations thereof, or any law implementing an intergovernmental approach thereto.

  • Unpaid withholding tax means withholding tax due but not paid by the date the withholding tax is required to be paid under applicable law.

  • Income-withholding order means an order or other legal process

  • Required Withholding Amount has the meaning specified in Section 5 of this Agreement.

  • Swiss Withholding Tax Act means the Swiss Federal Act on the Withholding Tax of October 13, 1965 (Bundesgesetz über die Verrechnungssteuer), together with the related ordinances, regulations and guidelines, all as amended and applicable from time to time.