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Friday, 10/04/2019 12:16:49 AM

Friday, October 04, 2019 12:16:49 AM

Post# of 104482
We started out as a mining company 12 years ago. Did we just go full circle here and if we did, how ironic.
The work of validating transactions and adding them to the blockchain is done by miners, which are powerful computers that make up a portion of the network and confirm its transactions. Miners spend vast amounts of computing power and energy doing this for a financial reward: with every block (a collection of transactions) added to the blockchain comes a bounty called a block reward, as well as all fees sent with the transactions that were confirmed and included in the block.
https://support.blockchain.com/hc/en-us/articles/360000939903-Transaction-fees

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