Mineable

DeFi

Mineable cryptocurrencies are those that allow people, called miners, to earn new coins by solving complex math problems to create new blocks on the blockchain. If a cryptocurrency can be earned this way, it is considered mineable. In contrast, some cryptocurrencies are created through different methods, like staking, and are not mineable.

Definition
Mineable cryptocurrencies are those that allow people, called miners, to earn new coins by solving complex math problems to create new blocks on the blockchain. If a cryptocurrency can be earned this way, it is considered mineable. In contrast, some cryptocurrencies are created through different methods, like staking, and are not mineable.