Mining Rig definition

Mining Rig means a computer system used for mining bitcoin or other cryptoassets.
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Mining Rig means any hardware capable of generating Hashrate (including, without limitation, any application-specific integrated circuit (ASIC) or graphics processing unit (GPU) miner), any related software embedded therein or otherwise forming part thereof, any and all accessories, exchanges, improvements, returns, substitutions, parts, attachments, accessions, spare parts, replacements and additions thereto, and all proceeds thereof.
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Mining Rig or “Mining Equipment” means a single computer system that performs the necessary computations for Mining;
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Examples of Mining Rig in a sentence

  • Costs of the Mining Rig (Professor Benardos, 2019) In the upper table the use of a load-hold-dump was considered.

  • Experiments with IR monitoring of AWJ cutting were carried out on 2-axis AWJ cutting system OMAX 2652A, equipped by high pressure pump BHDT Ecotron 403 (Austria).

  • It means our Mining Rig is generating 115.908 MH/s but on pool it’s submitting only 86.2 MH/s.

  • For effective and profitable mining, you would need a Mining Rig.

  • During the years in which the assets are accumulating, these reserves will far exceed the amount needed to buffer the OASDI funds from unfavorable economic con- ditions.

  • The rig might be a dedicated miner built specifically for mining, or it could be a computer used to mine only on a part-time basis (Mining Rig, n.d.).

  • The use of Mining Rig Coring Technology for hydrates is currently under evaluation.

  • In that event: (1) The partnership resumes carrying on its business as if dissolution had never occurred, and any liability incurred by the partnership or a partner after the dissolution and before the waiver is determined as if dissolution had never occurred; and (2) the rights of a third party accruing under subdivision (1) of section 34-375 or arising out of conduct in reliance on the dissolution before the third party knew or received a notification of the waiver may not be adversely affected.

  • Section 26.37 Monitoring and Enforcement MechanismsOwner certifies that it will take the following monitoring and enforcement mechanisms to ensure compliance with 49 CFR Part 26.

  • TERMS AND CONDITIONS: “225+/- MH/s Ethereum Mining Rig, 8 GPU”PRICES.


More Definitions of Mining Rig

Mining Rig means order computers designed specifically for the purpose of mining cryptocurrencies; “Person” means a Company or individual;
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Mining Rig means any computer server with multiple, but not less than six, high performance graphic processing units, known as a GPUs, dedicated to cryptocurrency mining and minimal configurations on a barebones CPU with a mainboard that can support at least six GPUs. The Parties understand and agree that the definition of Mining Rigs is broader than the Mining Rigs that iMine purchased from Supplier.
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Related to Mining Rig

  • Mining Rights means all interests in the surface of any lands, the minerals in (or that may be extracted from) any lands, all royalty agreements, water rights, patented and unpatented mining and millsite claims, fee interests, mineral leases, mining licenses, profits-a-prendre, joint ventures and other leases, rights-of-way, inurements, licenses and other rights and interests used by or necessary to mining and related processing operations.

  • Mining Property means a property used for mining operations as defined in the Mineral and Petroleum Resources Development Act, 2002 (Act No. 28 of 2002);

  • mining area means all those pieces of land containing two hundred and forty‑six (246) square miles or thereabouts situate in what is known to the parties as the “Xxx Xxxxx‑Siberia Nickel Laterite Area” the subject of the mineral claims applications for mineral claims and Temporary Reserves listed in the First Schedule hereto which are generally delineated and respectively coloured green and orange and red in the plan marked “X” signed by or on behalf of the parties for the purpose of identification;

  • mining areas means the areas delineated and coloured red on the Plan marked “A” initialled by or on behalf of the parties hereto for the purposes of identification;

  • Surface mining means mining by removing the overburden lying above the natural deposits and excavating directly from the natural deposits exposed, or by excavating directly from deposits lying exposed in their natural state and shall include dredge operations conducted in or on natural waterways or artificially created waterways within the state.

  • Power Plant means a facility for the generation of

  • Mining Xxx 0000 means (unless the context otherwise requires) the Mining Xxx 0000 and the amendments thereto and the regulations made thereunder as in force on 31st December, 1981;

  • Unleased mineral owner means a royalty interest owner who owns oil and/or gas rights free of a lease or other instrument conveying all or any portion of the working interest in such rights to another. At the time of this order, the unleased mineral owners identified by Ascent include those listed on Exhibit A.

  • Cannabis plant means any plant of the genus Cannabis;

  • Petroleum refinery means each facility engaged in producing gasoline, kerosene, distillate fuel oils, residual fuel oils, lubricants, or other products through distillation of petroleum or through redistillation, cracking, extracting, or reforming of unfinished petroleum derivatives.

  • Leased Land means land which is the subject of a lease granted under section 60 or 93G; S. 3 def. of "lessee" amended by No. 39/1997 s. 4(2)(b).

  • Project site, where applicable, means the place indicated in bidding documents.

  • Crown lands has the same meaning as is given to that term by the Land Act;

  • Quarry means a pit, excavation, or other place made by any means for the purpose of removing Construction Materials or a site identified for such purposes, and includes works, machinery, plants, and buildings below or above ground belonging to or used in connection with a Quarry.

  • Mining means the mining, extracting, producing, beneficiating, handling, milling or other processing of Products.

  • Concession Area means particulars of the area as more particularly described in Form A of West Bengal Minor Minerals (Auction) Rules, 2016.

  • Drilling unit means the area fixed for the drilling of one well by order or rule of any state or federal body having authority. If a Drilling Unit is not fixed by any such rule or order, a Drilling Unit shall be the drilling unit as established by the pattern of drilling in the Contract Area unless fixed by express agreement of the Drilling Parties.

  • Project Area means THE AREA WHERE WORK IS BEING PERFORMED FOR THE CITY OF SUFFOLK, VIRGINIA.

  • Plant Site (Works, Factory) means the local integration of one or more plants, with any intermediate administrative levels, which are under one operational control, and includes common infrastructure, such as:

  • Water well means an excavation that is drilled, cored, bored, augered, washed, driven, dug, jetted, or otherwise constructed for the purpose of exploring for groundwater, monitoring groundwater, utilizing the geothermal properties of the ground, or extracting water from or injecting water into the aquifer. “Water well” does not include an open ditch or drain tiles or an excavation made for obtaining or prospecting for oil, natural gas, minerals, or products mined or quarried.

  • Mining Lease means the mining lease granted pursuant to Clause 12 and includes any renewal thereof and according to the requirements of the context shall describe the area of land demised as well as the instrument by which it is demised;

  • Gas well means a well producing gas or natural gas from a common source of gas supply as determined by the commission.

  • Oil and Gas Leases means all leases, subleases, licenses or other occupancy or similar agreements under which a Person leases, subleases or licenses or otherwise acquires or obtains operating rights in and to Hydrocarbons or any other real property which is material to the operation of such Person’s business.

  • Company Leased Real Property shall have the meaning set forth in Section 3.15(b).

  • Refinery means a facility used to produce motor fuel from crude oil, unfinished oils, natural gas liquids, or other hydrocarbons and from which motor fuel may be removed by pipeline, by marine vessel, or at a rack.

  • The Project Site, where applicable, means the place or places named in the SCC.