Rank: Member
Groups: Registered
Joined: 4/16/2022(UTC) Posts: 27 Location: Tobker
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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.
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Rank: Member
Groups: Registered
Joined: 4/16/2022(UTC) Posts: 27 Location: Paris
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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
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Rank: Member
Groups: Registered
Joined: 4/16/2022(UTC) Posts: 26 Location: bija
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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.
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