What are Block Rewards
A block reward in Bitcoin mining is the payment miners receive for successfully adding a new block to the blockchain. This reward has two key parts:
How Bitcoin Mining Works
Bitcoin mining is how new Bitcoins are created and transactions are verified on the Bitcoin network. It’s a vital process that keeps Bitcoin secure and decentralized. Here’s a simple breakdown:
Nico Smid Announcement
Nico Smid joins Freights Bay as Advisor, bringing 15+ years of expertise from Digital Mining Solutions to strengthen Bitcoin mining operations and drive strategic growth initiatives.