Bitcoin for Dummies | Peter McCormack
Hold These Truths with Dan Crenshaw
00:00
Is Mining a Good Idea?
Every time a block is mined, so we should shul sa a ho, i touch the as well. So mining is the process of essentially securing the block chain. And eventually we get to 21, and then, and then you can't minde any more. But what's going to happen overtime is, because ite's only 21 million, every four years the coin base reward drops,. but the miners still get the er transaction fees.
Transcript
Play full episode
