How bitcoin miners collect their reward? | How miners send mining reward in their digital wallet?

In this video I will explain how exactly bitcoin miners get mining reward in their digital wallet. Bitcoin mining is a process of guessing game to come up with a valid hash. Once you have produced a valid hash you are entitled for mining reward (i.e. 6.25 BTC as of April, 2021). I will explain a process by which miners get this reward in their digital wallet. What below two videos as a pre-requisite.

Bitcoin mining in 15 lines of python code: https://www.youtube.com/watch?v=ZhnJ1bkIWWk
What is bitcoin? Easy explanation: https://www.youtube.com/watch?v=qHlpvKjA-lk
Crypto Playlist: https://www.youtube.com/playlist?list=PLeo1K3hjS3utQi68NPvRgdl-6y9fJmUfh

#bitcoin #cryptocurrencies

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Post Author: CoinCryptoNews