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Beginners & Help
Re: Where does the money come from when mining?
by
MoonShadow
on
16/06/2011, 00:37:29 UTC
Quote from: Rob P. on June 15, 2011, 11:32:03 PM
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.