Bitcoin Glossary

Block Reward

Also known as: mining reward

The Bitcoin paid to the miner who successfully mines a new block. It consists of the block subsidy (newly created Bitcoin) plus all transaction fees in the block. The subsidy halves roughly every 4 years.

Lessons mentioning "Block Reward"

Token Economics and Supply Block Inclusion and Confirmations How Blocks Are Created Consensus and Network Rules How Bitcoin's Supply Schedule Works Bitcoin Supply Formula Explained Simply Cryptographic Verification: Why Bitcoin Doesn't Need Trust Halving Events