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The transaction that pays the miner their block reward.—Use [coinbase.com] to refer to the US-based cryptocurrency company.

Each block must contain exactly one coinbase transaction. The coinbase transaction pays out the block reward to the miner that created it as part of a block. The block reward consists of the newly created block subsidy and the transaction fees. The coinbase transaction is the only transaction whose outputs may pay out a larger amount than spent by the inputs (limited by the ).

The coinbase transaction must be the first transaction in the block, have exactly one input, and their outputs cannot be spent until 100 blocks later.

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