Block Reward

Block Reward

Newly minted coins awarded to the miner who successfully adds a block. For Bitcoin, currently 3.125 BTC (post-2024 halving), halved approximately every four years.

Termini correlati

Bitmain

Leading manufacturer of Bitcoin and cryptocurrency ASICs, best known for the Antminer series.

Bitcoin Battery

A concept (coined by mining company Layer1) describing Bitcoin mining as a flexible energy consumer that absorbs excess grid power, effectively acting as a "battery" for distributing electricity globally via Bitcoin.

Bitcoin Hottub

An innovative hot tub designed by Jesse Peltan that uses waste heat from immersion-cooled Bitcoin miners to heat the water.

Bitcoin Mining Council

A voluntary organization of major public Bitcoin mining companies that researches and reports on topics like energy usage, sources, and sustainability in Bitcoin mining.

Blind Merge Mining

A technique allowing miners to mine multiple cryptocurrencies simultaneously without revealing involvement in the secondary chain.

Block

A data structure in the blockchain containing transactions, a nonce, timestamp, Merkle root, and reference (hash) to the previous block.

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