How does the bitcoin transaction fee get paid to miner(s)?
How does the bitcoin transaction fee get paid to miner(s)?
According to http://ift.tt/2a1usTo
The current "cheap" rate for a bitcoin transaction is $22.
How does this get paid to the miners? When I view a blockchain explorer a few days later, there might be 16 confirmations.
How many confirmations does it take to get added into a block?
Is the $22 split amongst the 16 miners that confirmed the transaction?
I understand proof of work. But I don't quite understand how a transaction fee gets paid out. Thanks.
http://ift.tt/2zEcDqm
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