4

What encourages Bitcoin miners to include lots of transactions in blocks in the Bitcoin blockchain?

It seems like you could quickly add a block with just a single transaction and get the block reward from it.

Is there some incentive for miners to include lots of transactions in blocks?

Improve this question
1
  • 2
    It is no quicker to mine a block with one transaction, compared to a block with many transactions.
    – chytrik
    Apr 8, 2019 at 1:07

2 Answers 2

Reset to default
9

A block may contain only one transaction: the coinbase transaction. However, the time it takes to mine a block is not affected by the number of transactions in that block, so mining blocks with fewer transactions does not benefit the miner. On the other hand, miners collect fees from the transactions they include in a block, so by including more transactions in a block, they may collect more fees.

Improve this answer
0
2

The answer is one, the coinbase transaction.

Improve this answer

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service and acknowledge that you have read and understand our privacy policy and code of conduct.

Not the answer you're looking for? Browse other questions tagged or ask your own question.