Cryptocurrency Q&A
How do BTC miners make money?
How do BTC miners make money?
CryptoAlchemyMaster
Sun Dec 22 2024
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5 answers
1403
I want to understand how Bitcoin miners generate income. I'm curious about the process they use to earn money through BTC mining.
5 answers
JejuJoyfulHeartSoul
Tue Dec 24 2024
This reward amount is subject to change over time.
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Claudio
Tue Dec 24 2024
Specifically, the reward is halved approximately every four years.
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CryptoVeteran
Tue Dec 24 2024
Alternatively, the reward decreases every 210,000 blocks added to the blockchain.
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Moonshadow
Tue Dec 24 2024
Miners are incentivized to add blocks to the blockchain by receiving a reward.
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Margherita
Tue Dec 24 2024
Successfully adding a block to the blockchain results in a reward of 3.125 bitcoins.
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