Post
Topic
Board Beginners & Help
Re: Where does the money come from when mining?
by
MoonShadow
on 16/06/2011, 00:37:29 UTC

No, CURRENTLY mining serves two purposes:
1)  Expand the economy by mining bitcoins and putting them into the market (currently 50/block solved)
2)  Confirm Transactions

There is a third purpose, to secure the blockchain against a brute force attack.