cryptominer
Blockchain reward seeker
A cryptominer is software or hardware that generates cryptocurrency by solving complex mathematical problems—a process called mining.
The term also refers to a person who runs such operations.
Cryptominers consume enormous amounts of electricity, and malicious cryptomining software can hijack computers without users' knowledge: The IT team discovered a cryptominer running on the company servers.
Single-purpose microchip
- GPUVisual processing hardware
- rigEquipment arrangement or vehicle
- hashrateCryptographic calculations per second
- coolingLosing thermal energy
overclocking · PSU · motherboard · ventilation · fans · electricity · wattage · efficiency
Consensus via computation
- proof-of-stakeConsensus via locked collateral
- walletSmall case for currency
- nodesPoints of connection
- consensusGeneral group agreement
ledger · transactions · decentralization · hashing · nonce · difficulty · staking · tokenization
Remotely controlled infected computers
- cryptojackingIllicit use of others' processors
- malwareHarmful computer programs
- TrojanOf an ancient walled city
- infectionPathogen invasion causing illness
antivirus · cybercrime · exploit · backdoor · unauthorized · hijacking · detection · stealth
Capacity to generate gain
- ROIProfit-to-cost ratio
- volatilityRapid, unpredictable changeability
- exchangeMutual giving and receiving
- marketVenue for trade
speculation · halving · portfolio · arbitrage · fiat · trading · liquidity · investment
Discarded technological devices
- sustainabilityCapacity to endure indefinitely
- renewableCapable of restoration
- hydropowerElectricity from flowing currents
- emissionsSubstances released into air
solar · nuclear · regulation
ASIC
Single-purpose microchip
- GPUVisual processing hardware
- rigEquipment arrangement or vehicle
- hashrateCryptographic calculations per second
cooling · overclocking · PSU · motherboard · ventilation · fans · electricity · wattage · efficiency · chipset
proof-of-work
Consensus via computation
- proof-of-stakeConsensus via locked collateral
- walletSmall case for currency
- nodesPoints of connection
consensus · ledger · transactions · decentralization · hashing · nonce · difficulty · staking · tokenization · peer-to-peer
botnet
Remotely controlled infected computers
- cryptojackingIllicit use of others' processors
- malwareHarmful computer programs
- TrojanOf an ancient walled city
infection · antivirus · cybercrime · exploit · backdoor · unauthorized · hijacking · detection · stealth · drive-by
profitability
Capacity to generate gain
- ROIProfit-to-cost ratio
- volatilityRapid, unpredictable changeability
- exchangeMutual giving and receiving
market · speculation · halving · portfolio · arbitrage · fiat · trading · liquidity · investment · depreciation
e-waste
Discarded technological devices
- sustainabilityCapacity to endure indefinitely
- renewableCapable of restoration
- hydropowerElectricity from flowing currents
emissions · solar · nuclear · regulation
cryptominergold miner
Extracts precious ore underground
coal miner · manual laborer · quarry worker · wildcatter · artisan