Crypto miners are individuals or organizations that participate in the process of validating and adding transactions to a blockchain network. They are also known as "miners" or "block validators."
In a blockchain network, miners play a crucial role in maintaining the security and integrity of the network by verifying and validating transactions. When a new transaction is broadcast to the network, miners compete to be the first to solve a complex mathematical puzzle associated with the transaction. The first miner to solve the puzzle gets to add the transaction to the blockchain and is rewarded with a certain amount of the cryptocurrency associated with the blockchain.
Miners use specialized hardware, such as computers with powerful graphics processing units (GPUs) or application-specific integrated circuits (ASICs), to perform the calculations required to validate transactions and solve the mathematical puzzles. The process of mining requires significant computational power and energy, so miners often join forces in mining pools to share resources and increase their chances of successfully mining a block.
Overall, crypto miners play a key role in ensuring the security and integrity of a blockchain network by verifying and adding transactions to the blockchain. They are incentivized to participate in the mining process through the rewards they receive for successfully mining blocks.