What is a Blockchain Miner?

Blockchain Miner: A mining machine is a machine that obtains encrypted digital currency rewards through mining.

The mining machine originally refers to a professional storage server, and its components include a motherboard, chassis, fan, power supply, processor (CPU), memory (RAM), graphics card (GPU), hard disk and other components.

A mining machine is a computer used to earn digital currency. This type of computer generally has professional mining chips, and most of them work by burning graphics cards, which consume a lot of power. The user downloads the software with a personal computer and then runs a specific algorithm. After communicating with a remote server, the user can obtain the corresponding bitcoin, which is one of the ways to obtain bitcoin. It is a network encrypted currency generated by open source P2P software. It does not rely on the issuance of a specific currency institution, and is generated through a large number of calculations of a specific algorithm. The economy uses a distributed database composed of many nodes in the entire P2P network to confirm and record all transaction behaviors. The decentralized nature of P2P and the algorithm itself can ensure that the currency value cannot be artificially manipulated through mass production.

For Example
The company bought a coal mine and is now ready to mine. At present, only one mining machine is working, and only 1 ton of coal can be dug out every day. In order to improve the efficiency of coal mining, the company decided to purchase 10 mining machines for mining at the same time. Mine, so that 10 tons of coal can be dug out every day. The more mining machines, the greater the output dug out.