This question already has an answer here:
- What exactly is Mining? 8 answers
I'm looking to understand how minting new bitcoins and processing transactions relate on the bitcoin network.
It seems that the term "miner" may refer to machines looking to mint new coins and machines processing transactions.
I can't find any information on whether submitting transactions is directly tied to minting coins.
I'm interested in processing pending transactions. What does the process of finding unconfirmed transactions and submitting them into the blockchain look like? Is confirming transactions just as expensive as minting new coins?
Does bitcoin core's
bitcoind expose unconfirmed transactions?
How do unconfirmed transactions get submitted into the blockchain?