mining
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mining
The process in which high computing power is used to create new units of a cryptocurrency, such as Bitcoin, and verify transactions in a network. This process is essential for the security and functioning of many decentralized currencies.
Das Mining von Bitcoin verbraucht weltweit enorme Mengen an elektrischer Energie.
Bitcoin mining consumes enormous amounts of electrical energy worldwide.
mining
The systematic application of statistical or computational linguistic methods to large data sets (big data) with the aim of identifying new patterns, trends, or connections. It is often also referred to as 'data mining'.
Durch das Mining von Kundendaten konnte das Unternehmen seine Werbekampagnen gezielter ausrichten.
By mining customer data, the company was able to target its advertising campaigns more precisely.
'Mining' is a word that was borrowed directly from English. In German it is used as a neuter noun ('das Mining') and appears in specialist contexts related to technology and data.
Das Mining ist ein sehr rechenintensiver Prozess.
Mining is a very computation-intensive process.
To understand the meaning, pay attention to the context. In connection with 'Kryptowährung' (cryptocurrency), 'Bitcoin', or 'Blockchain', it refers to creating digital currency. In connection with 'Daten' (data) or 'Mustern' (patterns), it is about data analysis.
Das Mining von Kryptowährungen erfordert spezielle Hardware.
Cryptocurrency mining requires special hardware.
In the context of cryptocurrencies, 'Mining' is often used as part of compounds, e.g. 'Bitcoin-Mining' (Bitcoin mining) or 'Krypto-Mining' (crypto mining). A typical verb combination is 'Mining betreiben' (to engage in mining).
Einige Unternehmen haben sich auf das Betreiben von Mining-Farmen spezialisiert.
Some companies have specialized in operating mining farms.
When it comes to data analysis, the more specific term 'Data-Mining' (data mining) is often used. People also speak of 'Mining von Daten' (mining data) or 'Text-Mining' (text mining) to specify the type of analysis.
Mit Text-Mining können große Mengen unstrukturierter Texte automatisch analysiert werden.
With text mining, large amounts of unstructured text can be analyzed automatically.
