Bitcoin Gold Clarifies Premine Endowment
The Bitcoin Gold team has offered clarification regarding what was previously a somewhat confusing position on the supplies of Bitcoin Gold after the airdrop.
The issue stemmed from the confusion surrounding the meaning of the term ‘pre-mine’, and what the new chain was attempting to do in mining new coins.
Clarification came today via the Bitcoin Gold website where a full explanation was given. The premine, according to the explanation, was actually a ‘post-mine’ - a mining of 100,000 coins after the fork had already occurred.
Source: https://pinkminer.com/bitcoin-gold-clarifies-premine-endowment/?lang=en
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