The Best Blockchain Mining Ideas. Let us unpack that a little… think of a blockchain as a database, or ledger, of transactions. Be a part of the future.
In reality, miners are essentially getting paid for their work as. Blockchain program creates a complex puzzle for the miners which is to generate a “nonce” value which when combined with the other components in the block (i.e., header, data, previous hash) and. Blockchain mining explained mining is the process by which new blocks of transactions get validated and added to a blockchain, using the proof of work consensus protocol.