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Miners can pick any address when they assemble a new block to have the new coins mined to. They make deals ahead of time for where to send these. This is defini

Miners can pick any address when they assemble a new block to have the new coins mined to. They make deals ahead of time for where to send these. This is definitely a thing in China and if you look at my profile you can see I know what I’m talking about. I wasn’t saying Coinbase was named for the premium, I was saying they were named for that piece of blockchain trivia as an interesting aside.

bdcravens 7y ago
> They make deals ahead of time for where to send these. Like I said, backchannel deals :-) > if you look at my profile you can see I know what I’m talking about I just saw a bunch of crypto tweets on your profile. I've been involved in Bitcoin etc since 2011, mining, trading, and am pretty active elsewhere - I just use a pseudonym in that community. Too many salty "advocates" there, I'd rather put a buffer between that and my work and my family > they were named for that piece of blockchain trivia as an interesting aside. True, similar to Blockchain