miners

"Miners" is the plural form of "miner" — a noun with a couple of related but distinct meanings. It most commonly refers to people who work in mines, but it has also taken on a modern meaning in the world of digital currency.

1noununderground workers

A miner is a person whose job is to dig deep into the earth to extract valuable materials like coal, gold, silver, or diamonds. Think of someone working far underground with heavy equipment, breaking through rock to find what is buried beneath. 'Miners' is simply more than one of these workers.

industry, labor, history · Modern and historical, widely used

The miners descended into the coal mine early in the morning and did not come back up until the evening.

Gold miners in the 19th century traveled great distances hoping to find their fortune.

After the tunnel collapsed, rescue teams worked for days to reach the trapped miners.

2nouncryptocurrency workers

In the world of digital currencies like Bitcoin, 'miners' are people (or their computers) who use powerful machines to solve complex mathematical problems. By doing this, they help verify and record transactions, and in return they earn new digital coins as a reward. It is called 'mining' because, just like digging for gold, it takes a lot of effort to get something valuable.

technology, finance, cryptocurrency · Modern, widely used since the 2010s

Bitcoin miners need enormous amounts of electricity to run their computers.

As the price of cryptocurrency rose, more miners joined the network.

Some miners work alone, while others join large groups called mining pools to share the rewards.