Why do miners mine cryptocurrency?
A. They are paid by the government
B. For praise
C. They receive an incentive
D. They are enthusiastic about the blockchain
Answer:C
Why do miners mine cryptocurrency?
A. They are paid by the government B. For praise C. They receive an incentive D. They are enthusiastic about the blockchain
Explanation: Miners mine blocks to receive incentives in form of native coins of the blockchain they are mining for. Currently, the block reward for mining a Bitcoin block is 6.25 Bitcoins and that of mining Ethereum is 2 Ether. This reward is compensation for miners using their computational resources to maintain the blockchain.