sudocarlos on Nostr: New bitcoin are not mined; they are rewarded to the entity that constructed the new ...
New bitcoin are not mined; they are rewarded to the entity that constructed the new block which happens every~10 minutes (~144 times per day). The reward is halved every 210,000 blocks (~4 years). Block constructors, known as miners or mining pools, are incentivized to include transactions with the highest fees and this reduce the chance that a transaction would be censored.
Published at
2025-03-18 13:55:06Event JSON
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"pubkey": "03612b0ebae0ec8d30031c440ba087ff9bd162962dffba4b6e021ec4afd71216",
"created_at": 1742306106,
"kind": 1,
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"content": "New bitcoin are not mined; they are rewarded to the entity that constructed the new block which happens every~10 minutes (~144 times per day). The reward is halved every 210,000 blocks (~4 years). Block constructors, known as miners or mining pools, are incentivized to include transactions with the highest fees and this reduce the chance that a transaction would be censored.",
"sig": "8a2ec48a5cd116f0212aa4b69628a74844774a2742ee01eff807553def67b151eb6635be82107f2a0758492bf630ba2078277e8d0f20d3bf54a8b9134d9fd833"
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