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What are block rewards?


The proof of work cryptocurrency in the market, such as Bitcoin, is known to give some rewards, or you can also call it as incentives to the people who have mined these coins. 

Many implicit beliefs are the crypto miners being paid money to do so or are being rewarded for doing these things or not. 

The rewards which they pay to the miners are known to be the minimum amount of crypto, but this is a good thing because it will motivate them. 

Due to this reason, they will keep on working without doing any kind of argument with anyone and finish the work assigned to them. 

Another thing is that when the miners are bringing out new coins, then the crypto saves a lot of money, and so miners are rewarded too. 

This is because when you use a computer to mine it will take a lot of electricity and due to which you might have to face the issue of a very big electric bill which is expensive. 

This is why they pay miners to do the work for them, and it is done cheap. Also, they deliver these cryptos to you within the right time.