mining pool

noun

The pooling of resources by cryptocurrency miners who share their processing power and split the reward.

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Meanings

nounmining pool (plural mining pools)

plural mining pools

  1. The pooling of resources by cryptocurrency miners who share their processing power and split the reward.

    The hashrate at major crypto mining pools – groups of miners in different locations that team up to produce bitcoin – including AntPool and F2Pool was on Thursday at 1215 GMT down around 14% from its level late on Tuesday, according to data from mining firm BTC.com.

    2022 January 6, “Kazakhstan internet shutdown deals blow to global bitcoin mining operation”, in The Guardian
Cite this entry
APA

mining pool. (n.d.). In WatkinsX Dictionary. Retrieved November 2, 2026, from https://dictionary.watkinsx.com/word/mining%20pool

MLA

“mining pool.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/mining%20pool. Accessed November 2, 2026.

Chicago

WatkinsX Dictionary, s.v. “mining pool,” accessed November 2, 2026, https://dictionary.watkinsx.com/word/mining%20pool.

Source: mining pool on Wiktionary, CC BY-SA 4.0.