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Not just the block reward, Bitcoin miners also receive the sum of the fees of the transactions included on each block. The idea with the progressively diminishi
by fidelramos 6y ago
Not just the block reward, Bitcoin miners also receive the sum of the fees of the transactions included on each block. The idea with the progressively diminishing block reward is that transaction fees will represent a larger share of miners profits as time passes.
- modeless 6y agoThe block reward dominates by far. Transaction fees are paid directly by users. They will not pay more than the actual value they derive from the use of the network.