Can you explain in simple works how miners make money?
Miners make money by using specialized computers to solve complex mathematical puzzles, which validate and secure transactions on the Bitcoin network. These validated transactions are then recorded on the blockchain, and miners are rewarded with newly minted Bitcoin as well as transaction fees for their efforts. Essentially, miners are rewarded for their computational work in maintaining the integrity and security of the Bitcoin network. Feel free to schedule a call with one of our team members if you’d like to get a better understanding of the potential ROI of a miner.