What is MEV?

Question
What does MEV stand for in the context of cryptocurrency?

Answer
MEV means Maximal Extractable Value; it used to mean "Miner Extractable Value" according to Coindesk.com. Cryptocurrency miners solve problems and receive a reward for doing so.

If a miner is able to successfully add a block to the blockchain, they will receive … bitcoins as a reward.

https://www.bankrate.com/investing/what-is-bitcoin-mining/#how

Maximal extractable value (MEV) refers to the maximum value that can be extracted from block production in excess of the standard block reward and gas fees by including, excluding, and changing the order of transactions in a block.

https://ethereum.org/en/developers/docs/mev/

The value that miners can obtain from changing the sequence of transactions inside the blocks they generate is known as the miner extractable value (MEV).

https://cointelegraph.com/learn/what-is-mev-ethereums-invisible-tax

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