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Miner

A 'miner' is a person or organisation that uses computing power (CPU, GPU or ASIC) required to find the next blockchain block. Once the answer is found, a new 'block' is generated, in which a number of transactions are permanently stored. The miner is rewarded with the predefined number of cryptocurrencies. Usually, this is complemented with the transaction costs, which are paid by the user.

Miner Explainer Video

What is an ASIC Miner? | Crypto Terms Explained