💰 When a miner successfully validates a new block he gets a reward. That's a "block reward". It consists of two things:
The block subsidy (consists of newly generated coins and represents the biggest part of a block reward)
The transactions fees (all fees paid by the transactions that are included in the block)
⛏ Because the block reward is almost entirely made of the block subsidy, it is very common to see people talking about the block subsidy while referring to it as the block reward. So in popular terminology, the term “block reward” doesn’t account for the fees.
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