<p>Pre-mining means that new coins have been mined before the coin has been made public. Which means the creator of the new currency had an unfair advantage and started with a large amount of coins before anyone else had the chance.
Pre-mining often deters other people from joining and any currency is useless without users.</p>

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2017-11-19T17:56:34.767Z
2017-11-19T22:17:14.737Z
2017-11-19T22:17:14.737Z
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<p>I am new in blockchain and not an IT person.</p>

<p>is there a difference between pre-mining a cryptocurrency and mining a block? 
I do understand the rewarding action when a miner solves a hash puzzle to add a block to the chain.  However, I do not get the pre-mining activity.  Maybe I am mixing up 2 different functionalities.</p>

<mining-reward>
difference between pre-mining and mining
Gin
# difference between pre-mining and mining

(Asked by: username_0 on 2017-11-19)

I am new in blockchain and not an IT person.

is there a difference between pre-mining a cryptocurrency and mining a block?
I do understand the rewarding action when a miner solves a hash puzzle to add a block to the chain. However, I do not get the pre-mining activity. Maybe I am mixing up 2 different functionalities.

**Tags:** mining-reward


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## 1 answers

### Answer by username_1 on 2017-11-19. Score: 5

Pre-mining means that new coins have been mined before the coin has been made public. Which means the creator of the new currency had an unfair advantage and started with a large amount of coins before anyone else had the chance.
Pre-mining often deters other people from joining and any currency is useless without users.


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