Miners

💥 Why are Miners Important?Bitcoin mining is a process of digitally adding transaction records to the Blockchain. Crypto mining is a record-keeping process that is executed through enormous computing power.Each Bitcoin miner contributes to a decentralized P2P (Peer-to-Peer) network to ensure the payment network remains secure and trustworthy.The Blockchain network is a decentralized P2P network that contains a shared ledger. The network has no central authority, so the transactions are recorded, processed, and validated in the miner’s network. The data shared over in the network is completely transparent, but the personal data is always anonymous.Here, the miners require validating blocks of transactions to access their blocked rewards. New crypto is introduced in the network whenever a new transaction block is added to the system.So, not only do they work to secure the network but also to verify the transactions. For the Blockchain network to operate properly.Gaining Money is an actionMaintaining Money is a Behaviour.Multiplying the Money is a Knowledge.Teslas universe.