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.