Cryptocurrency Q&A
How much Bitcoin reward per block?
How much Bitcoin reward per block?
HanbokGlamour
Thu Nov 28 2024
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7 answers
1614
I'm curious about the amount of Bitcoin reward that miners receive for each block they successfully mine. I want to know the specific number or range of the reward.
7 answers
Riccardo
Sat Nov 30 2024
The current block reward for mining Bitcoin stands at 6.25 newly minted coins per block.
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Sara
Sat Nov 30 2024
This figure is determined by a halvening event that is a crucial aspect of the bitcoin network.
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AzrilTaufani
Sat Nov 30 2024
A halvening event occurs approximately every four years and serves to reduce the number of new coins generated per block.
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GwanghwamunGuardianAngelWings
Fri Nov 29 2024
The primary purpose of this mechanism is to control the inflation rate of the bitcoin supply.
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CryptoPioneerGuard
Fri Nov 29 2024
By halving the block reward, the rate of new coin creation slows down over time.
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