Some coins are mined by the creators at the very start, when there is no competition, before they are properly released. This way, the creators get a large, uncontested stake in the coin. It is generally frowned upon, especially when it is not properly disclosed.
Some coins are mined by the creators at the very start, when there is no competition, before they are properly released. This way, the creators get a large, uncontested stake in the coin. It is generally frowned upon, especially when it is not properly disclosed.
Gridcoin was not premined.
Correct. It was not premined, I was there.
No idea why Kuradikurat downvoted you to hide your comment... Have a boost - you're telling the truth.
Ha ha I hadn't even noticed, thanks @dutch