Mineable
By CoinGecko | Updated on Mar 03, 2020
Some cryptocurrencies have a system through which miners can be rewarded with newly-created cryptocurrencies for creating blocks through contributing their hash power. Cryptocurrencies with this ability to generate new cryptocurrencies through the process of confirmation is said to be mineable.
* Not Mineable: Some cryptocurrencies are generated only through other mechanisms, such as annual inflation through staking. These cryptocurrencies are said to be not mineable.
Related Terms
Shilling
One who poses as a enthsiastic customer to swindle others as a form of covert advestising.
Side Chain
A separate blockchain ledger that runs parallel with the primary blockchain.
Immutable
A property characterized by inability to be change and stays unchanged over time.
Web3 Wallet
Web3 Wallet is the software that allows you to interact with web 3.0.
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