Miners are people who use fast computers, often with graphics cards, to mine, or create, a crypto currency like ETH or BTC. Their work secures the blockchain and they get rewarded in tokens for their efforts. Their search for low-cost electricity to power their machines is their holy grail. See also PoW.

Degen Chat

“Love those bitcoin miners in Texas who use waste flare gas in oil fields to power their machines.”

« Dictionary Menu