🎁 Getting Paid to Keep the Books
Where new bitcoin comes from, and who mints it.
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The winner’s reward
Winning the raffle isn’t charity. The miner who adds the next block collects a reward: a chunk of brand-new bitcoin, plus the small fees attached to the payments in that block.
This is exactly how new bitcoin enters the world — not printed by anyone, but earned, block by block, by whoever does the work.
A self-reinforcing loop
Here’s the elegant part:
- The more valuable bitcoin becomes…
- …the more miners compete for the reward…
- …the more energy protects the network…
- …the harder it is to attack.
Security you can actually measure, paid for by the reward itself.
Quick check: Where do brand-new bitcoin come from?
- A central bank prints them
- They’re the reward paid to the miner who adds each new block ✓
- Users create them by clicking a button
New coins are the block reward — the incentive that pays for the network’s security. Nobody can decide to mint extra outside this rule.