Mining Reward

The mining reward is the remuneration received by miners.

If/When a miner finds and „mines" a valid block, he can transfer a certain amount of BTC to a wallet of his choice.

Similar terms

Miner

A miner is a computer or group of computers that verify blocks from other miners on theBitcoin network.

Mining Pool

In a mining pool, several entities join together to "mine" a cryptocurrency.

Bitcoin Transaction

In a Bitcoin transaction, Bitcoin values are transferred from one wallet to another. The transfer is secured by digital signatures and is stored in the Bitcoin network (blockchain), where it is transparently visible to all users (and remains visible