Mining Reward

« Back to Glossary Index

Mining reward, also known as the block reward, is referred to as the compensation that has been given to the miner who successfully manages to process a block of transactions and adds it to the blockchain in process. The mining reward plays a crucial role in creating an incentive for the miners in order to secure the network.

« Back to Glossary Index

Check Also


eToro Review: A Guide To Trading On The Popular Platform

If you’re looking to invest in the stock market or cryptocurrency, eToro might be the …