Definition of 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. * 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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Related Terms

Dusting Attack

A new form of malicious activity in which hackers and scammers attempt to undermine the privacy of cryptocurrency users by sending little amounts of money to their wallets.

Pay-Per-Share (PPS)

You are compensated for each valid share that you contribute. Each share is worth a set amount of cryptocurrency that may be mined.

Solidity

Object oriented programming languaged used in various smart contract blockchains.

Oracles

In the context of crypto, oracles refers to services which verify real-world and provide data to blockchains/smart contracts.

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