Ask/Knowledge Atlas/Coinbase transaction
Mining · Modern Bitcoin

Coinbase transaction

The first transaction in a block is the coinbase transaction, which creates the block subsidy and collects that block’s fees for the miner.

Context

Why it matters

The first transaction in a block is the coinbase transaction, which creates the block subsidy and collects that block’s fees for the miner.

Canonical knowledge

What California Bitcoin maintains

  • The first transaction in a block is the coinbase transaction, which creates the block subsidy and collects that block’s fees for the miner.

Primary and technical sources

Evidence before assertion

Related concepts

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