Miner
Mining● Common
A network participant who expends computational resources to find valid proof-of-work solutions, creating new blocks and earning rewards. Miners validate transactions, order them into blocks, and compete to extend the blockchain. They are economically incentivized to follow consensus rules.
Technical Notes
Miners collect transactions from mempool, construct candidate block, and hash block headers while varying nonce/extranonce until hash < target. Block reward = subsidy (currently 3.125 BTC) + transaction fees. Miners can censor transactions but cannot spend others' coins or create invalid transactions.
Metadata
Visibility: Public
Created:1/3/2026by System