What Are Mining Rewards? How Miners Earn Cryptocurrency

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Beyond Bitcoin: Altcoins and Evolving Incentives

Not all mining rewards are equal. Various cryptocurrencies have various consensus algorithms and reward structures. Ethereum, for example, has transitioned to Proof of Stake (PoS) and eliminated mining in recent times. But some chains, like Litecoin, Monero, and Bitcoin Cash, continue to use mining and have varying reward schemes.