logo
Welcome Guest! To enable all features please Login or Register.

Notification

Icon
Error

Login


Options
View
Go to last post Go to first unread
carlosbenini  
#1 Posted : Thursday, November 17, 2022 2:35:53 AM(UTC)
carlosbenini

Rank: Member

Groups: Registered
Joined: 4/16/2022(UTC)
Posts: 27
Chile
Location: Tobker

Miners check new transactions and record them in a global ledger (blockchain). On average, a block (a structure containing transactions) is mined every 10 minutes.
mellstroy1122  
#2 Posted : Thursday, November 17, 2022 2:45:23 AM(UTC)
mellstroy1122

Rank: Member

Groups: Registered
Joined: 4/16/2022(UTC)
Posts: 27
France
Location: Paris

The number of bitcoins created decreases every 4 years (every 210,000 blocks to be exact). Today, a solved block generates 12.5 bitcoins. This number will decrease until the coin issue is complete. This will occur around the year 2140, when about 21 million bitcoins will be created. After that date, no more coins will be issued, you can find out how to get free bitcoin
robertopupka  
#3 Posted : Thursday, November 17, 2022 2:46:34 AM(UTC)
robertopupka

Rank: Member

Groups: Registered
Joined: 4/16/2022(UTC)
Posts: 26
Algeria
Location: bija

Miners can also receive rewards in the form of transaction fees. The first miner to find a block can "keep the change" from the block's transactions.
Users browsing this topic
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.