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BTC Mining
The Profitability of Bitcoin Mining in 2022: Will it be Worth it?
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Bitcoin mining started as a well paid hobby for early adopters who could earn 50 BTC every 10 minutes while working in their bedrooms.
Having just one Bitcoin block mined would mean you would have a lot of bitcoins in your wallet in time
There are a few fundamentals to understand before deciding whether it’s possible for you to profit from bitcoin mining, if you’re motivated to learn, and you’d like to make a semi-passive income from bitcoin mining.
if you are interested and want make money you need start mining right now!!!
Bitcoin Block Reward
Miners are rewarded with 6.25 bitcoins. This number will reduce to 3.125 bitcoins after the halving in 2024. The reward (plus transaction fees) are paid to the miner who solved the puzzle first.
This process repeats approximately every 10 minutes for every mining machine on the network. The difficulty of the puzzle (Network Difficulty) adjusts every 2016 blocks (~14 days) to ensure that on average one machine will solve the puzzle in a 10 minute period.
Network difficulty is calculated by the amount of hashrate contributing to the Bitcoin network.
