Phrases with «to mine the coin»

The phrase "to mine the coin" refers to the process of using powerful computers to solve complex mathematical equations in order to validate and record transactions on a digital currency network. This process also creates new units of the digital currency as a reward for the miners' efforts. Full definition

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Sentences with «to mine the coin»

  • R - Type was responsible for taking thousands of pounds worth of coins of our nation's children in the 1980s. (t3.com)
  • The warning also applies to the packaging of initial coin offerings in which crypto - currencies are used as a way to raise investment funds. (eweek.com)
  • For example, there has been a significant surge in the establishment of investment funds looking to invest in initial coin offerings on behalf of sophisticated investors. (cryptonews.com)
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