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Blockchain

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Question:

The largest share of the Bitcoin miner’s income is generated via transaction fees.

Author: timothy Ntambala



Answer:

False. Currently miners receive two rewards for mining: Bitcoins and transaction fees. Currently value of bitcoins received > income transaction fees. This could change in the future as more blocks will be mined. Newly created coin-based transaction rewards will be lowered until no new bitcoin will be created.


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