BitcoinBeginner

Mining

The process of building candidate blocks, searching for valid proof of work and publishing successful results.

PLAIN-ENGLISH DEFINITION

In more detail

Mining is more than receiving newly created coins. Miners choose transactions, assemble a candidate block and repeatedly change and hash its header data. A successful valid block can earn its allowed subsidy plus transaction fees. Other nodes still verify the result; computing power doesn't bypass validation.

IN THE WILD

How you might use it

A Bitcoin miner includes pending transactions, finds a qualifying hash and broadcasts the completed block to the network.

Mining: transaction tiles assemble into a candidate block, header-search dials test proof of work, and a finished block broadcasts to separate verifying nodes.
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