Bitcoin blockchain minner

0

Q. Is it correct to state that a Bitcoin miner has only two jobs:

  • validating transactions
  • creating a block to add into the blockchain

Amey Zulkanthiwar

Posted 2018-10-25T18:28:55.800

Reputation: 1

Answers

0

Actually, a bitcoin miner is only concerned with creating the next block on the blockchain, through a computationally-difficult problem. It is the role of bitcoin nodes to verify this proof-of-work as they receive these newly created blocks.

As reference, see https://en.bitcoin.it/wiki/Mining

Daniel Wang

Posted 2018-10-25T18:28:55.800

Reputation: 1