Receive Bitcoin in exchange for your computing power
Miners process, verify and record transactions on the blockchain. In exchange for providing computing power, or hash power to the Bitcoin network, miners receive transaction fees and newly created bitcoin.
Collectively, the Bitcoin network has over 100 million Terahashes per second. That means it can collectively make over 100 quintillion computations per second.
Global and Decentralized: Bitcoin is a globally accepted decentralized currency that can be easily exchanged into most currencies.
Real-Time Transactions: Transactions are recorded instantly on the blockchain and available in just a few minutes.
Counterfeit-Proof and Irreversible Transactions: Bitcoin transactions are logged by miners on the bitcoin network. Once a transaction is confirmed on the network, the sender cannot duplicate that Bitcoin or reverse the transaction.
Miners keep the blockchain trustworthy
The blockchain records all transactions. In exchange for providing power and keeping the blockchain trustworthy and reliable, miners are rewarded in Bitcoin.
As more miners provide increasing hashing power, the network is safer and more trustworthy. A bad actor would have to control over half of the hashing power to record fraudulent transactions.