The more miners - the more reliable the network

the more decentralized it is and the more difficult it is to attack it. But how to attract a sufficient number of miners for stable and reliable network operation? The answer is simple - reward for providing the capacity of their devices. Each miner who first solves the "math problem" is awarded a fixed reward in the form of network coins + commission for processed transactions in the received block. That is why there is such a demand for mining and such a race is going on. And that is why the chance that you can find something from a normal laptop - close to zero. It’s more like you’re going bankrupt on electricity. Bit or Ether? This is almost the first question that will occur in your mind if you are going to thoroughly engage in mining. And here the main thing to understand the features of this or that cryptocurrency: BTC: 1. Time of formation of the new unit = 10 min 2. Block Mining Reward = 6.25 BTC 3. Emissions limited to 21 million BTC 4. Halving Halving is the progressive reduction of the reward (the amount of coins mined) for finding a block in a blockchain. It is necessary to regulate the supply of Bitcoin in the market.

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