Miner
This is a figurative term referring to the group that provides computing power and competes for bookkeeping rights based on that power. Taking Bitcoin miners as an example, under Bitcoin's Proof of Work mechanism, anyone in the Bitcoin network can compete for bookkeeping rights— whoever first solves a math problem related to bookkeeping gets to record the transaction.
Disclaimer
This article may contain product-related content that does not apply to your region. This article is solely committed to providing general information and does not accept responsibility for any factual errors or omissions. This article represents only the author's personal opinions and does not constitute the opinions of OKX. This article is not intended to provide any of the following advice, including but not limited to: (i) investment advice or investment recommendations; (ii) offers or solicitations to buy, sell, or hold digital assets; or (iii) financial, accounting, legal, or tax advice. Holdings in digital assets (including stablecoins) involve a high degree of risk and may fluctuate significantly or even become worthless. You should carefully consider whether trading or holding digital assets is appropriate for you based on your financial situation. For questions about your specific circumstances, please consult your legal/tax/investment professional. The information contained in this article (including market data and statistical information, if any) is for general reference purposes only. Although we have taken all reasonable precautions in preparing such data and charts, we do not accept any responsibility for factual errors or omissions expressed herein. © 2025 OKX. This article may be reproduced or distributed in its entirety, and excerpts of 100 words or fewer from this article may be used, provided that such use is non-commercial in nature. Any reproduction or distribution of the full article must prominently state: "This article is copyrighted © 2025 OKX, used with permission." Permitted excerpts must cite the article name and include attribution, for example "Article name, [author name (if applicable)], © 2025 OKX". Portions of this content may have been generated or assisted by artificial intelligence (AI) tools. Derivative works and other uses of this article are not permitted.
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