{"id":271,"date":"2021-07-04T15:14:48","date_gmt":"2021-07-04T15:14:48","guid":{"rendered":"https:\/\/www.plutohash.com\/?p=271"},"modified":"2021-07-04T15:14:50","modified_gmt":"2021-07-04T15:14:50","slug":"reward-of-bitcoin-blocks-in-dollars-over-the-years-2009-2021","status":"publish","type":"post","link":"http:\/\/www.plutohash.com\/2021\/07\/04\/reward-of-bitcoin-blocks-in-dollars-over-the-years-2009-2021\/","title":{"rendered":"Reward of Bitcoin Blocks in Dollars Over the Years (2009-2021)"},"content":{"rendered":"\n<p>As we all know the reward for mining blocks is subject to halving the reward every 210,000 blocks (or every 4 years or so).<\/p>\n\n\n\n<p>However, this halving of the amount of mined bitcoins is relatively important for a miner interested in profit, this is because even mining less bitcoin, but with a higher exchange value, is still convenient. From the graph, which expresses miners&#8217; reward in dollars, we can well see that miners&#8217; earnings are mainly (if not only) influenced by the bitcoin&#8217;s price, not so much by the block&#8217;s mining reward.<\/p>\n\n\n\n<p>Block rewards, along with transaction fees, represent miners&#8217; earnings for their business. At the moment, most of the income comes from block rewards, but in a not so distant future transaction fees could become the main source of income for miners.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" width=\"1024\" height=\"421\" src=\"https:\/\/i1.wp.com\/www.plutohash.com\/wp-content\/uploads\/2021\/07\/download-3-1024x421.png?resize=1024%2C421&#038;ssl=1\" alt=\"\" class=\"wp-image-272\" srcset=\"https:\/\/i0.wp.com\/www.plutohash.com\/wp-content\/uploads\/2021\/07\/download-3.png?resize=1024%2C421 1024w, https:\/\/i0.wp.com\/www.plutohash.com\/wp-content\/uploads\/2021\/07\/download-3.png?resize=300%2C123 300w, https:\/\/i0.wp.com\/www.plutohash.com\/wp-content\/uploads\/2021\/07\/download-3.png?resize=768%2C316 768w, https:\/\/i0.wp.com\/www.plutohash.com\/wp-content\/uploads\/2021\/07\/download-3.png?w=1468 1468w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" \/><\/figure>\n\n\n\n<p>This chart was made with the <a href=\"https:\/\/www.plutohash.com\/beta\/\" target=\"_blank\" rel=\"noreferrer noopener\">PlutoHash App<\/a>, you can sign up at no cost and do your own on-chain analysis!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As we all know the reward for mining blocks is subject to halving the reward every 210,000 blocks (or every 4 years or so). However, this halving of the amount of mined bitcoins is relatively important for a miner interested in profit, this is because even mining less bitcoin, but with a higher exchange value, &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/www.plutohash.com\/2021\/07\/04\/reward-of-bitcoin-blocks-in-dollars-over-the-years-2009-2021\/\"> <span class=\"screen-reader-text\">Reward of Bitcoin Blocks in Dollars Over the Years (2009-2021)<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":""},"categories":[1],"tags":[11,9,10,54,55,50,56,13],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v17.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Reward of Bitcoin Blocks Over the Years (2009-2021) - PlutoHash<\/title>\n<meta name=\"description\" content=\"Amount of mined bitcoins is relatively important, this is because even mining less bitcoin is still profitable. 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Python analysis with PH.com\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.plutohash.com\/2021\/07\/04\/reward-of-bitcoin-blocks-in-dollars-over-the-years-2009-2021\/\" \/>\n<meta property=\"og:site_name\" content=\"PlutoHash\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/PlutoHashcom\/\" \/>\n<meta property=\"article:published_time\" content=\"2021-07-04T15:14:48+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-07-04T15:14:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.plutohash.com\/wp-content\/uploads\/2021\/07\/download-3-1024x421.png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@plutohashcom\" \/>\n<meta name=\"twitter:site\" content=\"@plutohashcom\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Francesco Zedde\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.plutohash.com\/#organization\",\"name\":\"Plutohash\",\"url\":\"https:\/\/www.plutohash.com\/\",\"sameAs\":[\"https:\/\/www.facebook.com\/PlutoHashcom\/\",\"https:\/\/www.instagram.com\/plutohashcom\/\",\"https:\/\/www.linkedin.com\/company\/plutohash\/?viewAsMember=true\",\"https:\/\/www.youtube.com\/channel\/UC2P2z4wHTCeH1PbPXU70F0w\",\"https:\/\/twitter.com\/plutohashcom\"],\"logo\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/www.plutohash.com\/#logo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/i0.wp.com\/www.plutohash.com\/wp-content\/uploads\/2021\/05\/Logo-plutohash.jpg?fit=657%2C746&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/www.plutohash.com\/wp-content\/uploads\/2021\/05\/Logo-plutohash.jpg?fit=657%2C746&ssl=1\",\"width\":657,\"height\":746,\"caption\":\"Plutohash\"},\"image\":{\"@id\":\"https:\/\/www.plutohash.com\/#logo\"}},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.plutohash.com\/#website\",\"url\":\"https:\/\/www.plutohash.com\/\",\"name\":\"PlutoHash\",\"description\":\"Empowering Talents Worldwide\",\"publisher\":{\"@id\":\"https:\/\/www.plutohash.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.plutohash.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/www.plutohash.com\/2021\/07\/04\/reward-of-bitcoin-blocks-in-dollars-over-the-years-2009-2021\/#primaryimage\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/www.plutohash.com\/wp-content\/uploads\/2021\/07\/download-3-1024x421.png\",\"contentUrl\":\"https:\/\/www.plutohash.com\/wp-content\/uploads\/2021\/07\/download-3-1024x421.png\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.plutohash.com\/2021\/07\/04\/reward-of-bitcoin-blocks-in-dollars-over-the-years-2009-2021\/#webpage\",\"url\":\"https:\/\/www.plutohash.com\/2021\/07\/04\/reward-of-bitcoin-blocks-in-dollars-over-the-years-2009-2021\/\",\"name\":\"Reward of Bitcoin Blocks Over the Years (2009-2021) - PlutoHash\",\"isPartOf\":{\"@id\":\"https:\/\/www.plutohash.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.plutohash.com\/2021\/07\/04\/reward-of-bitcoin-blocks-in-dollars-over-the-years-2009-2021\/#primaryimage\"},\"datePublished\":\"2021-07-04T15:14:48+00:00\",\"dateModified\":\"2021-07-04T15:14:50+00:00\",\"description\":\"Amount of mined bitcoins is relatively important, this is because even mining less bitcoin is still profitable. 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