The Simplest Bitcoin Book Ever Written
"If you only knew the magnificence of the 3, 6 and 9, then you
would have the key to the universe."
~ Nikola Tesla
BLOCK REWARD = % OF SUPPLY
The block subsidy (number of bitcoins rewarded for each newly
mined block) represents
the percentage of the total supply
that will be mined during that epoch.
For example, the current block reward between 2024-2028 is
3.125
bitcoin.
In these same four years,
3.125
% of the 21 million bitcoins will be mined.
