miner
12
6.1
- noun
- /ˈmaɪnər/
- Texting
:
minero de criptomonedas
- So there is a question of the energy mix that that miners are using to secure the network.
All right, crypto miners are now snatching up AMD CPU.
- All right, crypto miners are now snatching up AMD CPU.
- So that was the first USB ASIC miner, so application specific integrated circuit.
- So it's harder to find a block the more miners there are.
- And so this new milestone has raised the question of, hey, should we consider investing in cryptocurrency miners?
- Is there interesting things you could say like what are miners, what are nodes, full nodes, What are blocks, What's proof of work?
- And the system itself kind of automatically and randomly assigns that in a virtual miner, the right to create blocks at particular intervals.
- And, and then that miner gets a reward for finding that needle.
- Otherwise the the miners now miners, but in the future they won't be miners.
Examples
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Each computer, or Bitcoin miner, has a complete and identical copy.
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Also, as a side note, have a look at gold miners down almost 9% this week.
Blog text (6) -
OK, so good job miners, right?
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Become a miner and live in darkness?
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Oh, well, actually, I'm just a miner... but I appreciate the compliment.
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There are three different groups and the miners are financial incentivized to run computers to run the network.
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And in return for contributing their processing power, miners are rewarded with new coins.
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And as these miners do that, they unearth more bitcoins.
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Only the miner who successfully validates the block and adds it to the blockchain is rewarded.
Academic text (2018) -
Bitcoin miners use powerful computers to verify transactions and earn new coins.
Synonyms
A participant in a blockchain who checks transactions and helps add new blocks by staking cryptocurrency
Compounds
- Specialized
A person who removes topsoil and rock with large machines to get coal or minerals
How Powerful
- Texting
12
6.1
1
8.1
Surface Forms
Morphology
Etymology
The word miner is also used for people or machines that 'dig' for digital coins, built from the same parts mine + -er. A helpful way to remember it is to picture a computer 'digging' through numbers to find new cryptocurrency, just like a miner digs for gold.