Phrases with «block reward»

"block reward" refers to the prize or incentive given to cryptocurrency miners for successfully solving a complex mathematical problem within a blockchain network. It is a form of payment or compensation for their computational work in verifying and validating transactions on the network. Full definition

Sentences with «block reward»

  • The platform plans to include a treasury system that will be funded by keeping 25 % of block rewards. (crypto-lines.com)
  • As an example, the current block reward for bitcoin is 12.5 tokens. (fool.com)
  • The possible reason is the expected drop in the bitcoin block reward subsidy pushing bitcoin miners out of the industry. (coinfox.info)
  • (see all sentences)
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