Bitcoin Forum

Bitcoin => Mining support => Topic started by: JLCoin on November 06, 2017, 07:19:31 AM



Title: A question about how Bitcoin mining rewards work
Post by: JLCoin on November 06, 2017, 07:19:31 AM
What I am confused about is that many of the texts that I read regarding mining describe how a certain number of Bitcoins are released upon the completion of each block and that these are distributed to the node that completed it as a rewards, however I know that when people mine, they get a certain number of satoshis per minute. Are these two separate things, or is it simply that it is not that a single node gets the Bitcoin reward, but rather that this Bitcoin reward is divided among all of the miners as they progress in the block's development? Thanks in advance!