Ethereum mining nodes

A miner is responsible for writing transactions to the Ethereum chain. A miner's job is very similar to that of an accountant. As an accountant is responsible for writing and maintaining the ledger; similarly, a miner is solely responsible for writing a transaction to an Ethereum ledger. A miner is interested in writing transactions to a ledger because of the reward associated with it. Miners get two types of reward—a reward for writing a block to the chain and cumulative gas fees from all transactions in the block. There are generally many miners available within a blockchain network each trying and competing to write transactions. However, only one miner can write the block to the ledger and the rest will not be able ...

Get Solidity Programming Essentials now with the O’Reilly learning platform.

O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.