I'm still learning how Bitcoin works and one thing that remains unclear to me is when Bitcoin is awarded to a miner.
From my understanding, a certain amount of Bitcoin is awarded to a miner when a new block is discovered. However, there are a few missing pieces for me:
- If Bitcoin is verified per transaction, then shouldn't Bitcoin be awarded per transaction?
- If Bitcoin is awarded per transaction, then how is there multiple transaction per block?
- How does one discover a new block?