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Bitcoin Mining - Crypto Miner - www.zaminer.io

Bitcoin mining is a process that involves adding transaction records to Bitcoin's public ledger of past transactions. This ledger of past transactions is called the blockchain. The role of the miner is to ensure they are recording and verifying payments. Bitcoin miners perform this work because they can earn transaction fees in addition to "newly minted" bitcoins. The network rewards miners for their resource expenditure by awarding them with bitcoin. The primary purpose of mining is to allow Bitcoin nodes to reach a secured, tampered-proof consensus. Miners help keep Bitcoin secure by verifying transactions. For their services, miners are rewarded with a transaction fee related to the processed amount as well as a subsidy of newly created coins. This both serves the purpose of disseminating new coins in a decentralized manner without a central bank issuing them and also generates new bitcoins. This combination of some type of public proof (which takes computer power) and a reward can be found in many cryptocurrencies.

For more information on how to get started with Bitcoin mining or to explore other cryptocurrencies, visit https://www.zaminer.io/.

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