Bitcoin has become a popular investment choice for many individuals seeking to diversify their portfolios and potentially earn returns. However, unlike traditional stocks or bonds, Bitcoin does not generate dividends in the traditional sense.
has become a popular investment choice for many individuals seeking to diversify their portfolios and potentially earn returns. However, unlike traditional stocks or bonds, Bitcoin does not generate dividends in the traditional sense.”>
Bitcoin is a digital currency that operates on a decentralized network known as blockchain. Instead of paying dividends to investors like a company would, Bitcoin holders can earn income through a process called Bitcoin mining. Bitcoin miners verify transactions on the network and are rewarded with newly minted Bitcoins as a result.
As of now, the reward for mining a new block of Bitcoin is called a block reward, which is currently set at 6.25 Bitcoins. This reward decreases by half approximately every four years in an event known as the Bitcoin halving. The next halving is expected to occur in 2024, when the block reward will be reduced to 3.125 Bitcoins.
, which is currently set at 6.25 Bitcoins. This reward decreases by half approximately every four years in an event known as the Bitcoin halving. The next halving is expected to occur in 2024, when the block reward will be reduced to 3.125 Bitcoins.”>