It varies over time. We're nearing the end of the distribution phase. Once the last few satoshis are distributed, Bitcoin mining will serve two primary functions: securing transaction order and earning rewards solely through transaction fees.
"Bitcoin mining isn’t just about security—it ensures the fair distribution of coins, preventing centralization, inflation, and control by a single authority. Proof of work formalizes this in a way no other system can."
https://video.nostr.build/f8b6a468108360b0fab807c38c72195f3e79f554895f022091c180837648e283.mp4
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