Cryptocurrency Q&A What is the reward for Bitcoin transaction?

What is the reward for Bitcoin transaction?

EnchantedSoul EnchantedSoul Mon Dec 23 2024 | 5 answers 1596
I want to know what kind of reward I can get for conducting a Bitcoin transaction. Is there any incentive or benefit associated with it? What is the reward for Bitcoin transaction?

5 answers

Federica Federica Wed Dec 25 2024
A Block Reward represents a fixed quantity of newly generated Bitcoin awarded to a mining node.

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lucas_emma_entrepreneur lucas_emma_entrepreneur Wed Dec 25 2024
Along with the Bitcoin, the block reward also includes the total transaction fees associated with the candidate block proposed by the mining node.

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QuasarGlider QuasarGlider Tue Dec 24 2024
The mining node that successfully validates its block and appends it to the blockchain is entitled to receive the block reward.

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LucyStone LucyStone Tue Dec 24 2024
The process of validating a block and earning the reward is repeated approximately every 10 minutes.

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Giulia Giulia Tue Dec 24 2024
BTCC is a prominent cryptocurrency exchange offering a range of services.

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