Confusion about the meaning of the word " Miner "

[Brushless4500KV 4214]

The word " Miner " may seem easy at first look but it can have two very different meanings. It can be used to refer to the following concepts:

 

1 - Miner can be used to refer to a device that is specifically designed for mining cryptocurrency like GPU rigs.

2 - Miner can refer to a person (human) who does the mining to earn reward.

 

I have seen people using both meanings in crypto world. So, whenever you came across this word, pay attention to its meaning in particular context.

[geezer 7581]

A piece of mining software is called miner too.

 

But is there a problem with that? Context is crucial for understanding, but is that important?

[Amir Vao 341]

On 1/5/2020 at 6:57 PM, Brushless4500KV said:

The word " Miner " may seem easy at first look but it can have two very different meanings. It can be used to refer to the following concepts:

 

1 - Miner can be used to refer to a device that is specifically designed for mining cryptocurrency like GPU rigs.

2 - Miner can refer to a person (human) who does the mining to earn reward.

 

I have seen people using both meanings in crypto world. So, whenever you came across this word, pay attention to its meaning in particular context.

This post is meaning for us. I was also confuse about that. Thank you for share this post with us.

[scorpiali 5626]

You can use both meaning without any problems and people can definy a good definition in your post just by reading what you want to mean the first one miner or the second miner . But thanks to give the difference between them we really appreciate that

[Agios 1763]

Thanks for sharing, you are right, Miner can mean people who are mining or computers and other devices that process mining transactions.

[Maaz sultan 265]

On 1/16/2020 at 2:09 PM, Yawar said:

Well explained. During all this years crypto mining is proved ro be profitable.I guess if you mine new coins when they are brand new and hold them and keep them under watch and sell the ones that explode, maybe 

Yes mining new coins is an profitable advice for new miners to mine those coins which value are under one dollar is the profitable .

[tung12345 30]

Spell-check isn’t perfect. It doesn’t know and can’t guess what word you wanted or what word you meant, it can only judge the words on the page. If you used words that are all spelled correctly, it gives you a pass anyway.

[Ahillya 62]

Miner in the terms in the virtual world is a person or a machine who actually uses to solve a mathematical algorithm like problem g calculation so that the code of the block of the btc gets completed or mined & they get rewarded.

[Brushless4500KV 4214]

On 2/28/2020 at 8:29 PM, fila said:

Good point but for me the miner is never a human and always a computer doing the actual processing of the algorithm. The ones getting the rewards are however the humans but I can easily see how this gets confusing for some.

It is the nodes (computers) that do the mining but they don't do it on their own. A human should control and program them to work properly and monitor them during the whole process. So, the word "miner" can be used to refer to the humans too not just the computers. I have a proof for this. When you read the news about mining and miners, you will often hear words about miner's income. When we talk about income, it is quite clear that we are referring to a human being not a computer because a computer doesn't need to earn income!

[magd 5231]

The true meaning of this word cannot be stolen because it is the right of the person who exerts effort and works on his own devices in my opinion who buys wizards and miners and works is the one who deserves the title

[jacker 1095]

I usually have no confusion about these concepts. I previously had a small exploit and I discovered concepts that many people confuse. thank for your writting. Mining tools are mining aids, typically GPUs.

[Hatred 1388]

On 1/5/2020 at 8:57 PM, Brushless4500KV said:

The word " Miner " may seem easy at first look but it can have two very different meanings. It can be used to refer to the following concepts:

 

1 - Miner can be used to refer to a device that is specifically designed for mining cryptocurrency like GPU rigs.

2 - Miner can refer to a person (human) who does the mining to earn reward.

 

I have seen people using both meanings in crypto world. So, whenever you came across this word, pay attention to its meaning in particular context.

That's true. Many are got confused when they hear the word "Miner". I also got confused when I first hear or read the word "Miner". But through lots of research, I finally understand it. Anyway, I just want to thank you for sharing this kind of topic. It is very useful especially to those who are confused on what is the different meaning of "Miner".

[Mcd0d0 5882]

23 hours ago, Hatred said:

That's true. Many are got confused when they hear the word "Miner". I also got confused when I first hear or read the word "Miner". But through lots of research, I finally understand it. Anyway, I just want to thank you for sharing this kind of topic. It is very useful especially to those who are confused on what is the different meaning of "Miner".

Well, this will be good for us by knowing what is the real meaning of it, this will be more benefit for many members here especially for those who wants to learn some deeply information about cryptocurrency. Happy posting mate.

[bliznec 22267]

Thank you for explaining the trend, namely the difference between miners and the use of miners. A very great topic. 

[iloveyobit 6599]

In order to be in the picture, the term mining is not only new or related to Bitcoin, but it is also present in earlier times, where gold and minerals were mined from the mountains.

[koussai999 1986]

I think you can understand the actual translation of the word by the context of the word or sentence. It is not difficult and it is not complicated. You can get used to it easily once you understand the context of the sentence.

[Liliz 529]

Many people would always mistaken the use of this word sometimes tho, Miner sounds like the person doing the process work of mining while some people understands it as an equipment for doing the mining process. It sounds confusing tho, bet the correct meaning of the word "MINER' is a node that collects transactions in the network and then organises them into blocks, they as well verify bitcoin transactions. 

[tienda 8776]

Good topic with good explanation, yes there is some confusion about the MINER word meaning. Both human and nodes of computer are concerned or combined to do the work or the mine together. A miner meaning is like the mining or person extracts ore or other mineral using tools or machines in the real world.

[valiozzi 4957]

3 - Miner can also describe a piece of mining software (i.e. phoenix miner) used to operate the mining equiment.

[Ola22 197]

Thanks, my friend, for what you mentioned. It is helpful to correct this confusion and confusion regarding the definition of the word miner. There is a distinct difference between a human miner and an automated miner. Thank you my friend.

[Margareteverard 51]

Dear thank you for this information! I myself have been confused with the same word being used for two different purposes and I bet there are others like me. This is what we mean when we say we learn from crypto.

Edited February 8, 2021 by Margareteverard
Spelling mistake

[Rozy 1918]

In addition to what you have mentioned , people with no information about crypto currencies, think about digging and workers and dirt whenever they hear the word mining, so it is important to spread the know ledge about crypto world between all people even though those ones who are working in a very far away domains that have nothing to do with crypto currencies and technologies.