Bitcoin Forum
May 08, 2024, 04:22:24 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Block reward difference  (Read 101 times)
telexqwerty (OP)
Newbie
*
Offline Offline

Activity: 15
Merit: 0


View Profile
December 16, 2017, 08:23:01 PM
 #1

Hi everyone,

I just want to ask for the sake of knowledge. As of writing time, the current reward for each block is 12.5 BTC. However, I see the actual newly generated coins are varied, mostly about 15-16 BTC on each block. Why is that?
1715142144
Hero Member
*
Offline Offline

Posts: 1715142144

View Profile Personal Message (Offline)

Ignore
1715142144
Reply with quote  #2

1715142144
Report to moderator
1715142144
Hero Member
*
Offline Offline

Posts: 1715142144

View Profile Personal Message (Offline)

Ignore
1715142144
Reply with quote  #2

1715142144
Report to moderator
1715142144
Hero Member
*
Offline Offline

Posts: 1715142144

View Profile Personal Message (Offline)

Ignore
1715142144
Reply with quote  #2

1715142144
Report to moderator
There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
Taras
Legendary
*
Offline Offline

Activity: 1386
Merit: 1053


Please do not PM me loan requests!


View Profile WWW
December 16, 2017, 09:46:53 PM
Merited by ABCbits (1)
 #2

The miner that created the block is entitled to 12.5 BTC plus all of the transaction fees for transactions in that block. So, the difference is transaction fees, payments from users to miners for the miners to include their transactions in blocks, confirming them.
telexqwerty (OP)
Newbie
*
Offline Offline

Activity: 15
Merit: 0


View Profile
December 16, 2017, 10:19:12 PM
 #3

Thank you so much!!! Now I understand.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!