Market Cap
24h Vol
7054
Cryptocurrencies
82536
Markets
Cryptopolitan
2020-01-16 19:39:10

BTC mining rewards cross 80% of total $18M mining paycheck

BTC mining rewards are reaching new highs. Rewards of Bitcoin miners represent a substantial chunk of emoluments in the blockchain proof-of-work arena. Last year Bitcoin miners were rewarded with fifteen million dollars ($15M) under incentives program for mining blocks and network security. BTC mining rewards are crucial to sustaining the mining ecosystem. The total mining rewards paid collectively for various cryptocurrencies have just touched eighteen million dollars ($18M). This figure covers many coins, including Bitcoin, Bitcoin Cash, ZCash, Ethereum, and many more. BTC mining rewards reflect Bitcoin’s dominant status Bitcoin miners form a significant portion of total mining rewards. BTC