Similar to many cryptocurrencies, Beam depends on miners to add transactions to its blockchain. While all nodes in the Beam network confirm transaction validity, miners play a crucial role in protecting and securing the network. Beam employs Beam Hash III, a modified version of the Equihash (150,5) proof-of-work mining algorithm, to ensure network security and stability.

Dive into the world of Beam mining and learn how to contribute to the network's security and growth with our step-by-step guide.