5 terms explained
A bear market is a prolonged period of falling prices — typically defined as a 20%+ decline from recent highs — accompanied by widespread pessimism, reduced trading volume, and negative market sentiment.
Crypto mining is the process of validating transactions and adding them to the blockchain by solving complex mathematical puzzles using specialized hardware — and earning cryptocurrency rewards in return.
A mining pool is a group of cryptocurrency miners who combine their computing power to solve blocks more frequently, then share the rewards proportionally based on each miner's contribution.