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Post-Mine
HomeGlossary TermsPost-Mine

Post-Mine

April 14, 2024BY Ubik Capital
133Views

Post-mining involves the creation of new coins or tokens after the initial launch of a blockchain project but before public mining becomes possible. Typically, post-mining occurs between the snapshot date of crypto supply (when coin balances are determined for airdrops or exchange listings) and the implementation of the project’s code for external mining. The practice has drawn criticism for potentially granting excessive influence to project founders on the asset’s price.

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