← All terms

Concepts

Coinbase Transaction

First TX in every block — pays the block reward to the miner

Category: Concepts Also known as: 2 Related terms: 2

Definition

The single TX in each Bitcoin block creating new BTC (block reward + fees) and sending it to the pool's payout address. Often tagged with the pool name (e.g. "/Foundry USA/", "/AntPool/"). NOT related to Coinbase the company.

Context anchor

Currently 3.125 BTC reward per block (post-2024 halving) + accumulated fees, ~144 blocks/day

Example

Foundry USA's coinbase TX paid 3.125 BTC to its primary payout address

Also known as

coinbase txblock reward tx

Related terms