Category

Bitcoin Network

These concepts describe how Bitcoin produces blocks, pays miners, and changes issuance over time.

Block Reward

A block reward is the new coin issuance and fee revenue paid to a miner or validator for adding a block.

Halving

A halving is a programmed reduction in Bitcoin's block subsidy.

Mining

Mining is the proof-of-work process that secures Bitcoin and proposes new blocks.

Hash Rate

Hash rate measures the computational work miners contribute to a proof-of-work network.