Hi, i have been seeing the word "miners" almost everywhere i go. Can you please, throw more light by explaining or betters-still, if you have a post where i can read, please share a link
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Hi, i have been seeing the word "miners" almost everywhere i go. Can you please, throw more light by explaining or betters-still, if you have a post where i can read, please share a link
Sure, I can help with that.
https://coin-logic.com/crypto-mining-101-what-is-proof-of-work/
In short, cryptocurrencies run on encrypted networks. Miners are computers that help run and secure these networks. They get paid in fresh minted coins for their efforts. This takes power and equipment to perform, similar to a gold miner.