How are you all? Today I will discuss with you about Who are the miners?.I will try to present my experience.  I am young and have very little experience so please excuse any mistakes.
Miners are people who monitor the transactions performed on the blockchain and they verify the validity of cryptocurrency transfers. The idea of mining originated from the founder of Bitcoin, Satoshi Nakamoto, who came up with the idea to prevent the double spending problem. Double spending is a situation where the same unit of a blockchain is spent twice.
Importance of miners
We cannot underestimate the role of miners as they add a lot of value to the ecosystem and without them, it will simply collapse. Some of the important things they bring include: - Verifying and confirming transactions
The number of daily transactions in cryptocurrencies is huge. When a transaction occurs,

[Source](https://pixabay.com/photos/bitcoin-coin-hoodie-mysterious-man-6054330/)


a block is created on the blockchain. A transaction can be fraudulent and without a central body to understand what it is, authentication systems have to be put in place and this is what miners handle. They validate each block that appears as a service on the blockchain. After confirming that a transaction is authentic, it is included in the blockchain.Network security
Transactions and data flow trustlessly, meaning there are no intermediaries or corporations like a bank acting as a central hub or supervisory authority. This effectively means that miners, who verify transactions, act as security guards. The more miners there are, the better the network security. Competition between miners is great for the ecosystem. The difficulty and financial rewards associated with solving the correct hash work together to create a secure consensus system that makes it extremely cost-ineffective for any malicious user to progress.

[Source](https://pixabay.com/photos/stability-bitcoin-respect-money-3042271/)


Conclusion
You will now understand who the miners are, what they do, their importance to the ecosystem and how it would not function properly without them. You can get more coins by being a miner, but you are very unlikely to do it personally. It is also recommended to join a pool of fellow miners and get a cut of the earnings.Today's discussion ends here.  I hope you find it interesting and able to understand.  Share your thoughts on today's topic.  Wishes and blessings to all.  Everyone stay well stay healthy stay with Steemit