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Founded in , Bankrate has a long track record of helping people make smart financial choices. Find out about Bitcoin's halving process works and what it means for Bitcoin's price and its users. So, in reality, miners are essentially getting paid for their work as auditors. Please review our updated Terms of Service. Other factors, such as our own proprietary website rules and whether a product is offered in your area or at your self-selected credit score range can also impact how and where products appear on this site.