After using the bitcoind -regtest generate 1 command, where does the mining reward go? I tried list accounts and check balance for account "", but the balance always showed 0.000000.

1 Answer 1


To you, but with a delay.

What you're observing is the maturity period: the coins generated by a block can only be moved after there are another 100 blocks on top.

If you generate another 100, your balance will start increasing.

  • Is there a way to specify the mining reward address with bitcoind?
    – PW Kad
    Commented Oct 15, 2018 at 17:27
  • 1
    Yes, use the generatetoaddress RPC (which mines to an address of your choice) rather than the generate RPC (which mines to a fresh wallet address). Commented Oct 15, 2018 at 18:30

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