+14 What Is A Miner In Blockchain References. The miner earns 12.5 bitcoins for each block created (called coinbase) as well as the transaction fee. This process of verifying the transaction is called blockchain mining and is performed by cryptocurrency miners.
The people participating are known as blockchain miners, and their primary goal is to confirm the movement of cash from one computer in the network to another through a maze of computing gear and software. Miners can be defined as accountants who record every transaction to the blockchain. In reality, miners are essentially getting paid for their work as.