Skip to main content
What is a miner?
Primex Finance avatar
Written by Primex Finance
Updated over a week ago

A miner is a person or entity that uses powerful computers to verify and validate transactions on a blockchain network. By solving complex mathematical problems, miners ensure the accuracy and integrity of the blockchain's transaction history. Their efforts help prevent fraud, double-spending, and other fraudulent activities on the network. Additionally, miners are rewarded with the opportunity to earn incentives in the form of newly created digital assets and transaction fees.

Did this answer your question?