Mined

mynd

Verb

formal english definition

A bitcoin block that was created through the act of mining as a reward.

EXPLAIN LIKE I'M 5-YEARS-OLD (ELI5) definition

Mined means finding and collecting digital coins from a computer.

COMPREHENSIVE definition

In the context of cryptocurrencies like Bitcoin, 'mined' refers to the process of creating new coins by solving complex mathematical problems using powerful computers. Miners compete to solve these problems, and once solved, they add new transactions to the blockchain and receive newly created coins as a reward for their work.

Other local languages
Tagalog definition

(Mined/Nagmina) Pangnagdaan ng “mining”/pagmina.

Cebuano definition

(Gimina) Past tense sa pagmina.

Ilocano definition

(Makali) Napakabas nga caipapanan iti mining.