Mineable
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.
More terms under M
- Mid CapMid cap refers to cryptocurrencies that have a market value between $1 billion and $10 billion.
- MilliBitcoinMilliBitcoin, or mBTC, is a small part of Bitcoin. One mBTC is equal to one-thousandth of a Bitcoin, which is the most well-known and valuable cryptocurrency.
- Mimetic TheoryMimetic theory is the idea that people want things because others want them too. In economics, it helps explain why certain products or assets, like…
- MinecraftMinecraft is a popular video game where players build and destroy various blocks in a 3D world, allowing for creativity and exploration.
- MinersMiners are people or groups that help maintain a blockchain by solving complex math problems to validate transactions. They can be large companies with many…
- Minimum Collateralization Ratio (MCR)The Minimum Collateralization Ratio (MCR) is the smallest amount of collateral required to secure a loan in cryptocurrency.
Educational definition. Protocol rules and market conventions can differ; check an asset's official documentation.