: my
—used before a word beginning with a vowel or h
this treasure in mine arms—William Shakespeare
or sometimes as a modifier of a preceding noun —archaic except in an elevated style
singular or plural in construction
: that which belongs to me
—used without a following noun as a pronoun equivalent in meaning to the adjective my
Your eyes are brown and mine are green.
1
a
: a pit or excavation in the earth from which mineral substances are taken
b
: an ore deposit
2
: a subterranean passage under an enemy position
3
: an encased explosive that is placed in the ground or in water and set to explode when disturbed
4
: a rich source of supply
mined; mining
1
a
: to dig under to gain access or cause the collapse of (an enemy position)
b
2
a
: to get (something, such as ore) from the earth
b
: to extract from a source
information mined from the files
3
: to burrow beneath the surface of
larva that mines leaves
4
: to place military mines in, on, or under
mine a harbor
5
a
: to dig into for ore or metal
b
: to process for obtaining a natural constituent
mine the air for nitrogen
c
: to seek valuable material in
mine old records for more details
6
: to create or obtain more units of (a cryptocurrency) through a cryptographic process
But bitcoins also need to be generated in the first place. Bitcoins are "mined" when you set your Bitcoin client to a mode that has it compete to update the public log of transactions. All the clients set to this mode race to solve a cryptographic puzzle by completing the next "block" of the shared transaction log. Winning the race to complete the next block wins you a 50-Bitcoin prize.—Tom Simonite
: to dig a mine
miner
noun
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Merriam-Webster unabridged
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