HanjiArtistry
Thu Dec 26 2024
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5 answers
1087
Who pays bitcoin miners?In addition to rewards, miners also receive fees from any transactions contained in that block. When Bitcoin reaches its planned limit of 21 million (expected around 2140), miners will be rewarded with fees for processing transactions that network users will pay.
Bitcoin miners are paid through rewards and transaction fees. Once Bitcoin reaches its 21 million limit, miners will only be rewarded with transaction fees from network users.
DreamlitGlory
Wed Dec 25 2024
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7 answers
1414
What limits Bitcoin to 21 million?
I've heard that Bitcoin has a limit of 21 million coins. I'm curious about what sets this specific cap on the number of Bitcoins that can exist. Is it a technical limitation or a design choice?
SamuraiBrave
Sun Dec 22 2024
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5 answers
1421
Why is Bitcoin 21 million limit?
I've heard that Bitcoin has a 21 million limit. I'm curious to know why this limit exists and what purpose it serves in the Bitcoin system.
Nicola
Thu Dec 05 2024
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6 answers
1189
Why can there only be 21 million bitcoins?
I'm curious about the limited supply of bitcoins. Why is it that there can only be 21 million bitcoins in existence? What's the reason behind this specific cap?
Lorenzo
Fri Nov 29 2024
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6 answers
1183
Who set the 21 million Bitcoin limit?
I want to know who decided on the maximum supply of 21 million Bitcoins. Who is responsible for setting this specific limit for the cryptocurrency?
