Difference between revisions of "Mineable"
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(Created page with "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. ==...") |
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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. | 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. Some cryptocurrencies are generated only through other mechanisms, such as inflation through staking ([[Proof of Stake (PoS)|proof-of-stake.]]) These cryptocurrencies are said to be not mineable. | ||
== Sources: == | == Sources: == | ||
https://coinmarketcap.com/alexandria/glossary/mineable | https://coinmarketcap.com/alexandria/glossary/mineable | ||
[[Category:Glossary]] | [[Category:Glossary]] | ||
Latest revision as of 00:19, 4 May 2022
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. Some cryptocurrencies are generated only through other mechanisms, such as inflation through staking (proof-of-stake.) These cryptocurrencies are said to be not mineable.