IoT stands for Internet of Things – a concept where large numbers of small devices are connected to the internet in order to exchange information.
One publication found under IoT
ELI5: Cryptocurrency Micro Mining
Micro mining is a cryptocurrency mining modality where large quantities of small, and low computing power, devices perform the mining work.
The idea stemmed from concepts relat...
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ELI5 What is Honeyminer?
Honeyminer is an automatic multiple coin mining program that pays users to use their spare computing power. Honeyminer leverages a variation of the concept of micro mining, where participants who do not wish to invest in a dedicated mining setup contribute tiny amounts of mining power against a proportional reward. Honeyminer Software The MS Windows […]
Concepts In This Page
IoT stands for Internet of Things - a concept where large numbers of small devices are connected to the internet in order to exchange information.
IoTW is a Proof of Assignment (PoA) based blockchain aimed at IoT solutions
Micro Mining is a kind of cryptocurrency mining where network participants each contribute a tiny amount of work into the mining process, receiving micro rewards against their efforts. Typically used by tiny devices or users which do not wish to invest into a dedicated mining setup (such as mining using CPU spare time).
Mining is the collective and decentralized effort performed by network participants in order to verify cryptocurrency transactions. Participants receive a reward for their work, which serves as an incentive for mining activity.