Block reward
TL;DR
The block reward is the sum of newly issued BTC plus all transaction fees a miner receives for finding a valid block.
Block reward has two components: subsidy (newly minted BTC) and transaction fees. Subsidy starts at 50 BTC and halves every 210,000 blocks. After 2028 subsidy falls below 2 BTC; around 2140 subsidy is zero and reward consists entirely of fees. Fee-market health becomes existentially critical.
Example
In April 2026 block reward is: 3.125 BTC subsidy + ~0.1-0.5 BTC fees (varying with mempool pressure). The winning miner gets ~3.25-3.625 BTC per block.
Frequently asked questions
What payout do pool miners receive?
Depends on pool scheme: FPPS (Full Pay Per Share) gives fixed amount per hash contribution. PPLNS (Pay Per Last N Shares) varies with pool luck.
Related terms
Further reading
- → Our service: Bitcoin sector