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Published on Dec 7, 2021

Block Reward

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#Glossary
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Block rewards are the coins awarded to an individual/ group of miners upon solving the cryptographic problem. This is extremely crucial for creating a new block in the given Blockchain.

In order to create a new block in the Blockchain, groups of miners use specific mining equipment. While looking for block rewards, miners need to take into account another concept known as ‘halving’.


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