Welcome to Bit Investment Channel. and hello Mr. Bit Investment. This 2nd episode of Bit:Basic series. Previous episode we’ve already known miner. What’s block, chain and algorithm. This episode I will explain you. Where miner get the money from? Why miner get Bitcoin? What’s block reward?, Here we go. Here is Bitcoin miner life. Dig, Dig, Dig, Dig, Dig, Dig This is the way of miner life. Mining in term of the system is proofing the transaction. You can see mined time in transaction detail. So the system will pay miner for this work. You can see this information in transaction call “Fee Rate”. The system pay back to miner. Due to miner work for system. That’s why it’s call “Proof of Work(PoW)” Because miner work is proofing transaction But, most of all miner doesn’t care transaction fee. Because, transaction fee doesn’t change their life. Miner like this kind of block. Ohhhhh. Here is it, the block that contain reward. This type of block call block reward? Here it is. It’s call block reward. If you found, boom. Here is an example block #408450 You gonna get 25BTC. OMG If one miner found this block. Is it change your life? This block found by Bit Investment Pool For this episode I explain by use Minecraft, but in the real world it’s different. For next episode I will explain. What’s actually miner do? Miner is a scholar man. Miner not a labor. Miner always use brain. See you next episode.