Bitcoin blocks have modified quite a bit since 2009. They comprise hundreds of transactions, as an alternative of 1. They take 10 minutes to mine. Miners are rewarded with 6.25 BTC, after three “halvings” of the reward, which happen roughly each 4 years on a predetermined schedule. As of December 2022, there have been greater than 750,000 blocks within the Bitcoin blockchain. They type an unbroken sequence, every particularly referencing the earlier one, stretching all the best way again to the Genesis Block.
