Protocol & Consensus • Estimated 30m

Block Subsidy

economics.block-subsidy

The block subsidy is the newly issued bitcoin a valid block may claim in its coinbase transaction. It follows the issuance schedule and declines through halvings, while transaction fees are a separate part of miner revenue.

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Curated resources (2)

• Mastering Bitcoin (book) Reference for mining rewards, coinbase transactions, and Bitcoin's issuance schedule.
• Bitcoin Developer Guide: Block Chain (article) Explains block validation and the coinbase reward.

Direct prerequisites (1)

• Coinbase Transaction

Direct dependents (0)

• None

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