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Glossary

Block Reward Meaning: What Does Block Reward Mean in Crypto?

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Definition

The Block Reward is the cryptocurrency prize that a miner or a validator receives for successfully creating and adding a new, valid block of transactions to the blockchain.

The reward is a combination of newly minted coins (the subsidy) and the transaction fees paid by users. It is the main incentive that keeps people dedicated to securing the network.

Keywords

  • Mining & Validation