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September 22, 2023
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Miners

Blockchain network participants who perform the mining process. Mining involves validating and confirming transactions, adding them to blocks, and securing the network. Miners use the computing power of their devices to solve complex cryptographic problems, allowing them to create new blocks in the blockchain chain. For their work, miners receive a reward in the form of cryptocurrency, and also ensure the integrity and reliability of the distributed blockchain database, which contributes to the secure and transparent processing of transactions on the network.

BitHide Team
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