It is still possible to participate in Crjptocurrency mining with receives the mining rewards and if you have some of the latest and fastest hardware, per https://icomat2020.org/best-gaming-cryptos-to-invest-in/12879-crypto-tax-prep.php, your reward would be based on the shares of work you contributed and.
This convention is meant to keep Bitcoin users honest and to prevent the problem of the financial markets.
For miners to be rewarded with new coins, they need to deploy machines that solve complex mathematical equations in the form of cryptographic hashes. A Hash number is generated. The number of Bitcoins in circulation is calculated by the halving theory laid out by Satoshi Nakamoto in the Bitcoin protocol. In , you'd receive 50 bitcoin for mining a block. Like Texas, a number of US state governments have embraced Bitcoin mining, with some going so far as to offer incentives to producers.
