Bitcoin miners compete to solve mathematical problems in order to add new blocks to the network and, in turn, are rewarded with new BTC. The amount received is halved every four years, last doing so in April this year, when the reward fell to 3.125 BTC.
Related posts
-
Bitcoin Technical Analysis: BTC Flirts With $100K as Market Awaits Directional Clarity
Bitcoin is treading a fine line near the coveted $100,000, keeping traders on edge as the... -
Bitcoin Officially In Overheated MVRV Zone, Rally End Near?
On-chain data shows Bitcoin has recently surpassed a level of the Market Value to Realized Value... -
XRP, Cardano (ADA), Solana (SOL) Outperform Bitcoin (BTC) Price as SEC Chair Gary Gensler Sets Exit Date
Bitcoin is inching closer to the $100,000 mark, though its momentum has slowed. It clinched another...