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Re: surfkast post# 49563

Friday, 12/06/2019 9:14:18 PM

Friday, December 06, 2019 9:14:18 PM

Post# of 55244
Bitcoin miners get paid with BTC tokens.

The more the BTC is worth, the more income they receive. Presently, miners earn 12.5 coins for every block they mine. Presently, BTC is worth $7500. Thus, a miner earns $93,750 for every block mined. If BTC goes to $9300, then the miner will earn $116,250. If BTC goes backto $20,000, .... you get the picture.

In addition, miners earn transaction fees. So YES, the value of the BTC affects mining and the miners.