Sorry if this query is just too fundamental or if it has one way or the other been answered earlier than…

My understanding is that any kind of Bitcoin block should be first mined, which applies to transaction confirmations, as an example.

Nonetheless, if every block should be obtained from a mining effort, then for every block there’s a reward (presently) of 6.25 bitcoins.

So for a given transaction, it requires a variety of confirmations. If that transaction associated to the switch of 1 bitcoin from one particular person to a different, it will require extra 6 affirmation blocks. Every of these affirmation blocks must be first mined. The miners could be granted 6.25 bitcoins for every of the transaction affirmation blocks.

In different phrases, there could be an exponential development of bitcoins only for the sake of making transaction blocks. And people bitcoins would in flip require extra blocks in order that they may very well be traded/confirmed, which might end in but extra bitcoins granted to the miners.

Can somebody please assist make clear? Am I lacking one thing somewhat apparent?

Thanks,

Julius