Altcoins Talks - Cryptocurrency Forum

Further Discussions => Blockchain Technology => Topic started by: titi on December 30, 2017, 01:55:25 PM

Title: What are the miners ?
Post by: titi on December 30, 2017, 01:55:25 PM

What are the miners ?
there are miners everywhere ...
Bitcoin, Ethereum ... what are they good for ?

Title: Re: What are the miners ?
Post by: shusmoybabu on January 01, 2018, 03:24:47 AM

ever notice something like (5 oout ofof 50 network confirmed) when you make a new transection?
ever wounderd what they are?who confirms those things?
Bitcoin is annonymous!Bank doesn't do that!who does?

Answer : is those miners you saw does them!
they confirms those transections and earns a little money!
and that's it!

Title: Re: What are the miners ?
Post by: Mendo Crypto on February 01, 2018, 08:38:10 AM

Miners, miners, what are they good for? Huh!!! Absolutely nothing!  ;D

There are application specific miners (ASIC) and graphics card miners (GPU). Both can be profitable when running cryptographic protocols to discover digital tokens.