miningd
miningd is a daemon process associated with the cryptocurrency Bitcoin. Its primary function is to participate in the Bitcoin network's mining process, which is the mechanism by which new bitcoins are created and transactions are verified and added to the blockchain. When miningd is running, it attempts to solve complex cryptographic puzzles. The first miner to solve a puzzle is rewarded with newly minted bitcoins and transaction fees. This process requires significant computational power and electricity.
The miningd daemon works in conjunction with a Bitcoin client, such as Bitcoin Core. It receives transaction
Running miningd can be a resource-intensive operation. It consumes considerable electricity and generates heat, necessitating specialized