What do the terms bitcoin miners and miners mean?

How do you do it?

I'm sure we've all heard that Bitcoin lacks a centralized issuing authority, bitmain t17+so how does Bitcoin get through issuance?

Satoshi Nakamoto, the founder of bitcoin, established a system that rewards the issuance of bitcoins to ensure that bitcoins can be issued without an issuer. This is how the reward system works.

Every 10 minutes or so, Bitcoin creates an account to record transfers on the Bitcoin network. The system rewards you with bitcoin for each account you create. Who should be compensated for maintaining more accounts? To be fair, prior to each bookkeeping session, all miners vying for bookkeeping rights must first solve a puzzle provided by the system. Whoever finds the correct answer to the puzzle first receives credit for that time as well as the corresponding bitcoin.

The process of solving a puzzle is known as "mining."

The mining machine that was used to "mine"

This procedure is similar to a kindergarten teacher handing out candy: the teacher gives antminer a10 procandy to the person who has the fastest correct answer to each arithmetic question; after one round of questions, the teacher moves on to the next round.

Of course, you can understand it by saying:

Every time you gain bookkeeping rights in the Bitcoin system, you must solve the corresponding problem. The puzzle is similar to a combination lock that must be unlocked, with the key being a random number. The first person to discover the correct number wins the right to bookkeeping and the associated bitcoin reward (both a cash reward from the system and a fee reward for transferring users).

Finding the correct number is analogous to "mining," and receiving a bitcoin reward is analogous to gold mining.

So the process of determining the correct number is known as mining, and bitcoins are referred to as "digital gold."

Summary

To ensure that bitcoins can be issued without an issuer, Satoshi Nakamoto designed bitcoin a10 pro minerissuance as a bookkeeping reward for bitcoin miners: each bookkeeping right is generated by all miners competing to mine, and whoever finds the correct solution first receives the reward.

The process of finding a correct solution to this problem is referred to as "mining," and the people involved in "mining" are referred to as "miners."

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