List Of What Do Miners Do In Blockchain References. To do so, the miner's primary goal is to discover the nonce value, which is the mathematical problem that miners must solve in order to create a hash that is smaller than the network's aim for a given block. Mining is there because in this way all the nodes can agree on the same set of transactions:
Mining is validating new blocks and gaining access to the coins within. Blockchain mining is a metaphor for the computational work that nodes in the network undertake in hopes of earning new tokens. Each currency, like bitcoin or ethereum, has its reward in terms of the amount of cryptocurrency you receive.