Instamine

1. | definition

A mining process by which coins are distributed unevenly or unfairly, usually by a large portion of the maximum supply being mined during the launch of the cryptocurrency. Sometimes this is a result of mining difficulty not readjusting as predicted and miners being able to find blocks and gain block rewards much faster than expected.

1.1 > Ex.

Dash (DASH) underwent an instamine at launch for the first 48 hours. Due to an issue with readjusting difficulty, about 10% of the total supply of Dash was mined within the first 2 days.

* All terms and definitions may change as the Cryptionary improves