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Mining Reward
HomeGlossary TermsMining Reward

Mining Reward

April 11, 2024BY Ubik Capital
156Views

A mining reward, also known as a block reward, refers to the native assets of a blockchain network that miners receive for successfully mining blocks of transactions. The mining reward can vary over time. For instance, in the case of Bitcoin, the block reward decreases by 50% approximately every 210,000 blocks.

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