Digital asset mining definition

Digital asset mining means use of electricity to power a
Digital asset mining means using electricity to power a computer or node for the purpose of securing a blockchain network.
Digital asset mining means using electricity to power a computer for the purpose of securing a blockchain network and generating a controllable electronic record;

Examples of Digital asset mining in a sentence

  • Digital asset mining and staking.Conforming amendments.TITLE III—RESPONSIBLE SECURITIES INNOVATIONSec.

  • Digital asset mining is the ordinary business activity of the Company, and the consideration received meets the definition of revenue as income arising in the course of the Company's ordinary activities.

  • We will consider all questions received and endeavour to provide responses to them at the EGM to the extent appropriate and practicable.Any Shareholder or proxy appointed by a Shareholder who wishes to attend the EGM by telephone is requested to contact Mark Reichenberg (details above) in order to obtain details of how to join the teleconference.

  • This would be massively beneficial to a world economy which recently suffered from the consequences of a terrible crisis that originated from a credit bubble caused by excessive lending, and which is still recovering from the subsequent credit crunch due in part to the general aversion of agents towards credit risk.

  • Digital asset mining operations can curtail their power usage at a moment's notice, allowing them to give power back to the grid if demand exceeds available supply.32 Risks in Bitcoin mining Several risks associated with Bitcoin mining should be considered before setting up a Bitcoin mining data centre.

  • Digital asset mining can serve as a catalyst to achieve these worthy goals, offering unique capabilities that traditional data centers and energy consumers cannot.


More Definitions of Digital asset mining

Digital asset mining means the use of electricity to power a com-
Digital asset mining means using electricity to power a computer or
Digital asset mining means using electricity to power a computer or node for the purpose of
Digital asset mining means using electricity to power a computer or node for
Digital asset mining means the process by which Vario, through the use of its Servers, solves mathematical problems based on cryptography to identify, verify and authenticate Digital Asset transactions which, upon certificate and authentication, Vario receives a reward in the form of a Digital Asset and, following which, each such transaction is added to the Blockchain.

Related to Digital asset mining

  • Digital Assets means electronic files for which a fee has been paid that are downloaded and stored on home electronic equipment, computers or mobile phones. “Digital assets” does not include downloaded files pertaining to “your” “business”.

  • Digital asset means an electronic record in which an individual has a right or interest. The term does not include an underlying asset or liability unless the asset or liability is itself an electronic record.