Hacker News new | ask | show | jobs
by rantwasp 2234 days ago
read: https://github.com/bitcoinbook/bitcoinbook

in a nutshell: miners group transactions into block (ie mine). whoever manages to form a block (you need to solve a computationally expensive problem that has the transactions you want to include as inputs) get a reward. up until today the reward was 12.5 bitcoins. Starting today it's half of that 6.25.

speculations about what this means and where BTC is going follow from this.