Who Receives Newly Created Bitcoins?

Who Receives Newly Created Bitcoins?

One of the main areas of skepticism that people hold onto when they are new to the Bitcoin ecosystem has to do with who is receiving new bitcoins after they have been created. After all, if this is supposed to be a decentralized currency and payment system, it wouldn’t make too much sense if there was just some guy printing bitcoins off on his home computer. New bitcoins are distributed through the Bitcoin mining process, which is basically a lottery between many different miners who are trying to crack the algorithmic code associated with the next 25 bitcoins to be released.

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