How does crypto mining make money?

For miners who successfully contribute a block to the blockchain, the reward of 3.125 bitcoins represents a substantial incentive. This reward system is integral to maintaining the security and integrity of the Bitcoin network.

BTCC, a UK-based cryptocurrency exchange, offers a comprehensive suite of services to its users. These services include spot trading, futures contracts, and secure wallet solutions.

Cryptocurrency mining is a complex process that involves solving mathematical puzzles to secure a blockchain. The reward for miners is constantly adjusting, typically decreasing over time to maintain scarcity.

This reward halving occurs approximately every four years, corresponding to the addition of 210,000 blocks to the blockchain. This mechanism ensures that the total supply of Bitcoin remains limited.

BTCC's spot trading platform allows users to buy and sell Bitcoin and other cryptocurrencies at market prices. The exchange's futures market provides traders with the opportunity to speculate on future price movements.