Ryan McBeth
@RyanMcBethProgramming·1.1M subscribers·2K videos
How Bitcoin miners get rewarded for solving a block.
Posted
February 4, 2022
Views
320,279
Likes
18,141
Comments
456
Engagement
5.81%
February 4, 2022
320,279
18,141
456
5.81%
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0:58Now PlayingHow do Bitcoin and cryptocurrency miners get paid for solving a block?
When the transaction pool gets close to the maximum number of transactions, the miner adds a reward to himself in the last transaction. If the miner solves the block, the reward is conjured out of thin air.
It's literally money out of nothing!
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