A Direct Miner refers to a participant in the mining process who directly contributes computational power to verify transactions on a blockchain. These miners compete against others to solve complex mathematical problems. Their success in solving these problems allows them to add new blocks to the blockchain.In return for their efforts, Direct Miners receive newly minted coins as rewards, along with transaction fees from the transactions included in the blocks they mine. This process helps secure the network and maintain its integrity.Direct mining typically requires specialized hardware and significant electricity consumption, making it resource-intensive. Miners must stay updated on market conditions and mining difficulty to remain profitable. Many miners choose to join mining pools, where multiple participants combine their computational resources to increase chances of earning rewards. However, Direct Miners operate independently, emphasizing their own capacity to contribute and profit from mining activities without reliance on a collective group.
Avalanche Treasury Co. to Go Public in $675M Deal With Mountain Lake Acquisition
Avalanche Treasury Co. (AVAT), a digital asset treasury company aligned with the Avalanche Foundation, said Wednesday it has agreed to