Bitcoin: How Many Coins Are Reward Per Block?

Understanding Bitcoin Block Rewards

The Bitcoin network rewards miners with new bitcoins for successfully validating a block of transactions. This is a key part of how new coins enter circulation and how the network remains secure.

Current Block Reward (As of 2024)

At present, the block reward is 6.25 BTC per block. This means that every time a miner successfully mines a new block, they receive 6.25 newly minted bitcoins as a reward.

Halving Events

Every 210,000 blocks (approximately every four years), the block reward is cut in half. This event is known as the halving.

• 2009: 50 BTC/block
• 2012: 25 BTC/block
• 2016: 12.5 BTC/block
• 2020: 6.25 BTC/block
• 2024: Next halving expected to reduce to 3.125 BTC/block

This deflationary mechanism ensures that the total supply of Bitcoin will never exceed 21 million coins.

Why Does the Block Reward Matter?

The block reward plays a crucial role in maintaining the security and decentralization of the Bitcoin network. As the reward decreases, miners must rely more on transaction fees to continue operating, which helps maintain long-term network stability.

Download Crypto Trading Apps for Android, iOS, Mac & Windows

If you're interested in trading or managing your Bitcoin or other cryptocurrencies, you can use popular platforms like Binance or OKX (also known as EuKyi) to securely store and trade your digital assets.

Below are direct download links for mobile and desktop versions:

Note: The above links are for the Binance platform. If you prefer using OKX (EuKyi), please visit their official website for downloads or contact support for assistance.