Bitcoin Arithmetic – Filling in the Blanks: Why Rewards Shrink Over Time
Imagine your friend gives you 10 candies every time you help clean the room, but each year, they give one candy less. Bitcoin works the same way: when miners solve the puzzle, they get new bitcoins as a reward. Over time, the reward gets smaller, so fewer new bitcoins are made. This keeps Bitcoin rare and special. Even though the reward shrinks, miners still check the notebook and keep the system safe, because the network and small fees still make it worth their effort.
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Block Height: 915390