Whois & Analysis for 2miners.com

In the context of cryptocurrency mining, a mining pool is the pooling of resources by miners, who share their processing power over a network, to split the reward equally, according to the amount of work they contributed to solving a block.

A "share" is awarded to members of the mining pool who present a valid proof of work that their miner solved.

Mining in pools began when the difficulty for mining increased to the point where it could take years for slower miners to generate a block.

The solution to this problem was for miners to pool their resources so they could generate blocks more quickly and therefore receive a portion of the block reward on a consistent basis, rather than randomly once every few years.

A cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange using cryptography to secure the transactions and to control the creation of additional units of the currency.

Cryptocurrencies are a subset of alternative currencies, or specifically of digital currencies.

In computing, a server is a computer program or a device that provides functionality for other programs or devices, called "clients".

This architecture is called the client–server model, and a single overall computation is distributed across multiple processes or devices.

Servers can provide various functionalities, often called "services", such as sharing data or resources among multiple clients, or performing computation for a client.

A single server can serve multiple clients, and a single client can use multiple servers.

A client process may run on the same device or may connect over a network to a server on a different device.

Typical servers are database servers, file servers, mail servers, print servers, web servers, game servers, and application servers.

An Internet Bot, also known as web robot, WWW robot or simply bot, is a software application that runs automated tasks (scripts) over the Internet.

Typically, bots perform tasks that are both simple and structurally repetitive, at a much higher rate than would be possible for a human alone.

The largest use of bots is in web spidering (web crawler), in which an automated script fetches, analyzes and files information from web servers at many times the speed of a human.

More than half of all web traffic is made up of bots.

Free software, freedom-respecting software, or software libre is computer software distributed under terms that allow the software users to run the software for any purpose as well as to study, change, and distribute the software and any adapted versions.

Free software is a matter of liberty, not price: users, individually or collectively, are free to do what they want with it, including the freedom to redistribute the software free of charge, or to sell it, or charge for related services such as support or warranty for profit.