Crypto Terms: Letter M

What is Mineable?

Mineable MEANING:
Mineable - the ability for a cryptocurrency to be mined.
1 minute

Let's find out Mineable meaning, definition in crypto, what is Mineable, and all other detailed facts.

A mineable cryptocurrency is a blockchain-based asset that can be produced through the process of mining. The miners can receive rewards for creating new cryptocurrency coins and adding blocks with transaction data to the chain.

Not all cryptocurrencies are designed to be mineable. They may be generated via other consensus mechanisms, such as staking. Such cryptocurrencies are considered non-mineable.