📉 Cryptocurrencies: Block rewards play a key role in maintaining the decentralization and security of the network. They stimulate miners, ensure the creation of new coins and manage their circulation. Block rewards consist of two parts: mining rewards and transaction fees.
🔍 The calculation of block rewards depends on the mining difficulty and network hashrate. In Bitcoin, rewards are halved every 4 years, which affects market dynamics and incentives for miners.
🚀 Technological innovation can impact block rewards by increasing mining productivity and reducing transaction fees.