Premine
noun, verb
noun, verb ·Rare ·Advanced level
Definitions
Noun
- 1 An instance of premining.
"Podcast host and Bitcoin enthusiast Matt Odell brought up these criticisms in October 2018 and Vitalik responded on Twitter, “I personally am really proud to have helped set the precedent of small premines being legitimate. […]"
Verb
- 1 To mine (units of a cryptocurrency) in advance of that currency being made available to the public. transitive
""Premining" is where the currency creator mines a certain amount of coins for themselves before they release the currency for other miners."
Example
More examples""Premining" is where the currency creator mines a certain amount of coins for themselves before they release the currency for other miners."
Etymology
From pre- + mine.
More for "premine"
Data sourced from Wiktionary, WordNet, CMU, and other open linguistic databases. Updated March 2026.