Peerplays cryptocurrency
PARAGRAPHPremining is the act of get tokens to early investors of blockchain-based tokens or "coins" before a cryptocurrency is released to the public.
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Inside the Largest Bitcoin Mine in The U.S. - WIREDThere are various ways to mine cryptocurrency, including CPU, GPU, ASIC, FPGA and cloud mining For example, a backdoor application pre-installed on Bitmain's. Pre-mining is a way of rewarding the developers, early investors, and founders for their contribution to the launch of a cryptocurrency. Pre-mining works in a similar way to fiat currencies or company shares: a central authority creates a certain amount of the good in question, in this case.
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