BTC logo
BTC
$111,234.86
1.56%
ETH logo
ETH
$4,056.02
2.86%
USDT logo
USDT
$1.0004
0.03%
BNB logo
BNB
$1,180.33
0.73%
XRP logo
XRP
$2.4447
3.88%
SOL logo
SOL
$196.38
5.79%
USDC logo
USDC
$1.0000
0.01%
TRX logo
TRX
$0.3230
1.14%
DOGE logo
DOGE
$0.1993
3.66%
ADA logo
ADA
$0.6778
4.60%
HYPE logo
HYPE
$38.82
3.94%
LINK logo
LINK
$18.42
4.38%
USDE logo
USDE
$1.0000
0.04%
BCH logo
BCH
$524.33
2.84%
XLM logo
XLM
$0.3270
4.20%
SUI logo
SUI
$2.7095
3.51%
AVAX logo
AVAX
$22.19
5.05%
WBT logo
WBT
$42.21
0.40%
LEO logo
LEO
$9.6372
0.03%
HBAR logo
HBAR
$0.1815
5.58%
BTC logo
BTC
$111,234.86
1.56%
ETH logo
ETH
$4,056.02
2.86%
USDT logo
USDT
$1.0004
0.03%
BNB logo
BNB
$1,180.33
0.73%
XRP logo
XRP
$2.4447
3.88%
SOL logo
SOL
$196.38
5.79%
USDC logo
USDC
$1.0000
0.01%
TRX logo
TRX
$0.3230
1.14%
DOGE logo
DOGE
$0.1993
3.66%
ADA logo
ADA
$0.6778
4.60%
HYPE logo
HYPE
$38.82
3.94%
LINK logo
LINK
$18.42
4.38%
USDE logo
USDE
$1.0000
0.04%
BCH logo
BCH
$524.33
2.84%
XLM logo
XLM
$0.3270
4.20%
SUI logo
SUI
$2.7095
3.51%
AVAX logo
AVAX
$22.19
5.05%
WBT logo
WBT
$42.21
0.40%
LEO logo
LEO
$9.6372
0.03%
HBAR logo
HBAR
$0.1815
5.58%
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The Blockchain Lottery: How Miners Are Rewarded

In this excerpt from the book 'Bitcoin for the Befuddled', the authors explain the process of how bitcoin miners are rewarded for their work.

By Conrad Barski and Chris Wilmer
Updated Nov 12, 2024, 8:11 a.m. Published Nov 23, 2014, 4:36 p.m.
blockchain lottery