Published on Jul 31, 2022
Mineable
Author: Sidharth
#Glossary
Mineable is a function that some cryptocurrencies possesses. Based on the system, miners for the given cryptocurrency are rewarded every time new blocks are generated, by contributing their hash powers.
Cryptocurrencies that have the capability of generating new coins via mining are termed mineable. On the contrary, there are cryptocurrencies that are generated via other mechanisms such as staking during annual inflation. These cryptocurrencies are not minable.
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