Filippo
Fri May 24 2024
|
7 answers
1381
How do crypto miners get paid?
I'm quite curious about the mechanics of cryptocurrency mining. Could you please explain how crypto miners actually get paid for their efforts? I've heard about block rewards and transaction fees, but how do they specifically work in the system? Do miners have a direct financial relationship with the cryptocurrency network, or is there an intermediary involved? Also, are there any factors that determine the amount miners receive for their mining activities? I'm eager to understand the economics behind this fascinating process.
