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to mine

to mine

4 8.0
To use computers to create and check digital money transactions
  • verb
  • /maɪn/
  • Texting
translation icon : minar criptomonedas
  • Cryptocurrency enthusiasts often use powerful computers to mine Bitcoin, validating transactions on the blockchain.

Examples

  • The number of Bitcoin mined for each new block of the blockchain is halved every 210,000 blocks.

    Academic text (2018)
  • To increase the understanding of premium seating owners and aid practitioners in targeting clients, Lawrence et al. (2013) data mined the ticket and business characteristics of premium seat purchasers.

    Academic text (2017)
  • I don't even see why anyone mines anymore that has a choice.

    Blog text (30)
  • It depends on whether you will even still be able to mine that particular algorithm nine months down the road on ACPU.

  • Instead, there is a predetermined finite number of Bitcoin that can be mined to enter circulation.

    Academic text (2018)
  • To earn rewards, you need to mine new units of cryptocurrency by solving complex mathematical problems.

  • Many people join mining pools to collectively mine cryptocurrency, enhancing their chances of earning rewards.

Idioms

Something you say when you do not know the answer any more than the other person does

words, not mine
  • Informal
8.6

Something someone else says that you do not agree with

Saying you repeat someone else's words to show you do not agree

Phrasal Verbs

to strip-mine
  • Specialized
1 7.2

Remove the top layers of soil to get minerals using large machines

to surface mine
  • Specialized
1 6.0

To remove earth and rock from the ground to get coal or other minerals

To remove the top layer of ground to get minerals like coal

to strip mine
  • Specialized
6.6

To remove large areas of earth and rock to get minerals near the surface

to strip-mine
  • Literature
7.1

Take large amounts of data quickly from a website or database to sell

Compounds

29 4.1

A bomb buried in the ground that explodes when someone steps on or moves it

26 2.8

A place underground where people dig coal

gold mine
  • Informal
21 3.2

A source of many useful things like information or money

9 3.3

A place where people dig to find gold

4 3.7

A place where people dig copper from the ground

4 4.0

A place underground where people dig out salt for use

3 3.4

A place where people dig to take silver from the ground

A North American union for people who work in mines

strip mine
  • Specialized
2 6.0

An open area where workers remove earth and rock to get minerals near the surface

mine disposal
  • Specialized
1 6.1

Making landmines safe or removing them

A union that represents miners in the United States

claymore mine
  • Specialized
1 9.9

A small bomb that explodes in one direction to hit people nearby

1 5.3

A mine where workers dig sulfur from the ground

mine detector
  • Specialized
1 4.9

A device that finds explosive mines buried on land or underwater

mine host
  • Archaic
1 9.9

A man who welcomes and looks after guests at an inn

floating mine
  • Specialized
8.2

A bomb that floats on water and explodes when a ship hits it

A topic that causes strong arguments and trouble

magnetic mine
  • Specialized
8.1

Underwater bomb that explodes when it senses a ship's metal hull

marine mine
  • Specialized
7.7

An underwater bomb placed to damage or sink ships

mine cage
  • Specialized
8.0

An enclosed platform that moves people and supplies up and down a mine shaft

mine pig
  • Archaic
9.7

Pure iron made directly from iron ore without recycled metal

mine run
  • Archaic
8.4

Not special or interesting

A bomb hidden in the ground that explodes when stepped on or driven over

hidden gold mine
  • Informal
6.0

A place or thing that has valuable information not easy to find

run-of-the-mine
  • Informal
7.2

Common and not special

salt mine
  • Informal
7.1

A joking name for a job or workplace where people do hard, boring work

Surface Forms

mine infinitive
mined past
mined past participle
mining present participle
mines third person singular

Etymology

Mine in cryptocurrency borrows the old idea of digging for value: instead of picks and shovels, people use computers to find and create new coins, so crypto mining is like 'digital digging' for reward.