Mining Reward

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Mining Reward

What is Mining Reward?

The transaction in which miners get Bitcoin in return for producing a new block of blocks through mining is referred to as a “miner’s reward”.

Bitcoin can only be acquired by mining, and once it is found, it is given to the successful miners as a reward. For instance, the reward for Bitcoin is halved every 210,000 blocks, or every four years. 6.25 Bitcoins is a miner’s reward as of September 2022.

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