How a bitcoin transaction gets confirmed
Your payment waits in a queue, a miner includes it in a block, and each later block makes reversing it harder.
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How the Bitcoin network works, what is changing on it, and why those changes matter.
About every four years, the reward for adding new blocks falls by half. It changes the rate of new supply, and its effect on price is debated.
Your payment waits in a queue, a miner includes it in a block, and each later block makes reversing it harder.
The invented mining company says it will buy excess electricity from a regional dam, though it hasn’t published contract terms.
Fees are an auction for limited block space, so they follow bursts of demand rather than the size of your payment.