I've been hearing a lot about
Bitcoin recently and I'm curious to know what the reward is for mining Bitcoin. I understand it involves solving complex mathematical problems using computing power, but what do miners get in return for their efforts?
6 answers
Eleonora
Wed Dec 25 2024
Bitcoin's current estimated reward rate stands at 4.00%.
MysterylitRapture
Wed Dec 25 2024
This implies that, on average, individuals who stake Bitcoin are expected to earn approximately 4.00% if they hold the asset for a full year of 365 days.
SumoPower
Tue Dec 24 2024
A significant increase has been observed in the reward rate compared to 24 hours ago, where it was recorded as 2.08%.
Valentino
Tue Dec 24 2024
Looking further back, 30 days ago, the reward rate for Bitcoin was even lower, standing at 2.04%.
TimeRippleOcean
Tue Dec 24 2024
These fluctuations in the reward rate demonstrate the volatility inherent in the cryptocurrency market.