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You are here: Home / CM Tooltip Glossary Pro+ / Miners

Miners

Miners, mining – The blockchain is being maintained by so called ‘miners’. These groups of PC’s put transactions into a block and add it to the blockchain. The miner who happens to finish a block, is rewarded with the cryptocurrency corresponding to that blockchain. The other participating miners, check and verify the block before it’s added to the chain.

Related Articles:
  • Glossary: Blockchain
  • Glossary: Transaction
  • Glossary: Confirmation

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