Mining
The process of verifying blockchain transactions and earning new coins as a reward.
Mining is how blockchains like Bitcoin stay secure and running.
Miners use powerful computers to verify transactions and add them to the blockchain.
In return, they earn new coins and transaction fees as rewards.
How it works
- A miner collects recent transactions.
- They solve a complex puzzle (Proof of Work).
- The winner adds a new block to the chain and earns coins.
It’s like a competition — whoever solves the puzzle first, wins the block reward.
💡 Lanzo Tip
Mining can be profitable, but also expensive.
Always calculate your electricity costs and hardware lifespan before investing ⛏️