How are new Bitcoins introduced into circulation?
A. Consensus
B. Mining
C. Validation
D. All of the above
Answer:B
How are new Bitcoins introduced into circulation?
A. Consensus B. Mining C. Validation D. All of the above
Explanation: Miners solve a PoW puzzle and are rewarded for their efforts, this process is referred to as mining. Currently, miners are paid 6.25 Bitcoins per block mined. This Bitcoin reward is halved after every four years(after every 210000 blocks). In Bitcoin, miners are paid after every 10 minutes.