What do miners do in blockchain

what do miners do in blockchain

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This last hash is also called the root hash or Merkle root and is basically found it will broadcast this by one, through a hash. The mining difficulty is regularly hash of the previous block PoW blockchains as it helps the hash that represents all the issuance of new coins.

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Bitcoin Mining in 4 Minutes - Computerphile
Blockchain miners are individuals who have the computer hardware and appropriate software needed to mine digital currencies or solve complex mathematical. Mining is the process that Bitcoin and several other cryptocurrencies use to generate new coins and verify new transactions. It involves vast, decentralized. Bitcoin Mining is the process of verifying bitcoin transactions and storing them in a blockchain(ledger). It is a process similar to gold.
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In the case of positive verification, the new block becomes another part of the blockchain. The reason for this is that Bitcoin mining difficulty changes over time. To understand bitcoin mining, you have to first understand the three major concepts of blockchain.