Glossary
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ASIC Mining
An Application-Specific Integrated Circuit is a device that is designed for the sole purpose of mining a particular digital currency.
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Address
An address is an alphanumeric identifier providing a virtual location to where cryptocurrency transactions can be sent. They are intended to be single use and only refer to the destination of a transaction, not where it came from.
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Affiliate Program
A marketing approach that incentivises anyone with a source of potential customers - such as a website or social media channel - to act as an Affiliate and refer visitors to a website in return for an agreed level of commission or fixed acquisition fee.
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Airdrop
The free distribution of a specific cryptocurrency to a targeted group as a means of promoting its adoption or increasing its visibility.