Mining Reward
By CoinGecko | Updated on Mar 03, 2020
The reward resulting from contributing computing resources to process transactions. Mining rewards are usually a mix of newly-minted coins and transaction fees.
Related Terms
Protocol
The set of rules in a network in which participating members comply to allow proper communication.
Token
Blockchain based unit of value issued by an organization, which grants token holders a right to participate in a network.
Order Book
An electronic list of all buy and sell orders in an exchange
Transaction Fee
A payment to the network for performing a transaction to be recorded on the blockchain.
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