fastmine
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English
[edit]Etymology
[edit]Noun
[edit]fastmine (plural fastmines)
- Synonym of instamine
- 2014 June 13, Black Market Cryptocurrencies[1], page 49:
- An "instamine" or "fastmine" occurs when the currency is released publicly but a large percentage of the coins are mined by just a few miners in the first few days of the coin.
Verb
[edit]fastmine (third-person singular simple present fastmines, present participle fastmining, simple past and past participle fastmined)
- (transitive) Synonym of instamine
- 2014 June 13, Black Market Cryptocurrencies[2], pages 49-50:
- Instamined and fastmined coins can encourage the few initial miners with a large amount of coins to dump their coins when the price rises.