Is there a minimum number of transactions in a block?Number of transactions per blockHow are unconfirmed...
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Is there a minimum number of transactions in a block?
Number of transactions per blockHow are unconfirmed transactions divided into different blocks?How can services that use the bitcoin blockchain help secure it?How a block is defined (size, number of transactions)?What is the incentive for including transactions in a block?What happens if there are no transactions?can Bitcoin transactions are included in multiple blocks?How bitcoin distributed to more than 1 miner as bitcoin-mining lottery only choose 1 miner?collecting block reward and transaction feesReward in case of fork
What encourages Bitcoin miners to include lots of transactions in blocks in the Bitcoin Blockchain?
It seems like you could quickly add a block with just a single transaction and get the Block Reward from it.
Is there some incentive for miners to include lost of transactions in Blocks?
blockchain mining-reward
New contributor
add a comment |
What encourages Bitcoin miners to include lots of transactions in blocks in the Bitcoin Blockchain?
It seems like you could quickly add a block with just a single transaction and get the Block Reward from it.
Is there some incentive for miners to include lost of transactions in Blocks?
blockchain mining-reward
New contributor
2
It is no quicker to mine a block with one transaction, compared to a block with many transactions.
– chytrik
yesterday
add a comment |
What encourages Bitcoin miners to include lots of transactions in blocks in the Bitcoin Blockchain?
It seems like you could quickly add a block with just a single transaction and get the Block Reward from it.
Is there some incentive for miners to include lost of transactions in Blocks?
blockchain mining-reward
New contributor
What encourages Bitcoin miners to include lots of transactions in blocks in the Bitcoin Blockchain?
It seems like you could quickly add a block with just a single transaction and get the Block Reward from it.
Is there some incentive for miners to include lost of transactions in Blocks?
blockchain mining-reward
blockchain mining-reward
New contributor
New contributor
New contributor
asked yesterday
JyclopJyclop
132
132
New contributor
New contributor
2
It is no quicker to mine a block with one transaction, compared to a block with many transactions.
– chytrik
yesterday
add a comment |
2
It is no quicker to mine a block with one transaction, compared to a block with many transactions.
– chytrik
yesterday
2
2
It is no quicker to mine a block with one transaction, compared to a block with many transactions.
– chytrik
yesterday
It is no quicker to mine a block with one transaction, compared to a block with many transactions.
– chytrik
yesterday
add a comment |
2 Answers
2
active
oldest
votes
A block may contain only one transaction: the coinbase transaction. However, the time it takes to mine a block is not affected by the number of transactions in that block, so mining blocks with fewer transactions does not benefit the miner. On the other hand, miners collect fees from the transactions they include in a block, so by including more transactions in a block, they may collect more fees.
Thank you that makes a lot of sense!
– Jyclop
yesterday
add a comment |
The answer is one, the coinbase transaction.
add a comment |
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2 Answers
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2 Answers
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active
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votes
A block may contain only one transaction: the coinbase transaction. However, the time it takes to mine a block is not affected by the number of transactions in that block, so mining blocks with fewer transactions does not benefit the miner. On the other hand, miners collect fees from the transactions they include in a block, so by including more transactions in a block, they may collect more fees.
Thank you that makes a lot of sense!
– Jyclop
yesterday
add a comment |
A block may contain only one transaction: the coinbase transaction. However, the time it takes to mine a block is not affected by the number of transactions in that block, so mining blocks with fewer transactions does not benefit the miner. On the other hand, miners collect fees from the transactions they include in a block, so by including more transactions in a block, they may collect more fees.
Thank you that makes a lot of sense!
– Jyclop
yesterday
add a comment |
A block may contain only one transaction: the coinbase transaction. However, the time it takes to mine a block is not affected by the number of transactions in that block, so mining blocks with fewer transactions does not benefit the miner. On the other hand, miners collect fees from the transactions they include in a block, so by including more transactions in a block, they may collect more fees.
A block may contain only one transaction: the coinbase transaction. However, the time it takes to mine a block is not affected by the number of transactions in that block, so mining blocks with fewer transactions does not benefit the miner. On the other hand, miners collect fees from the transactions they include in a block, so by including more transactions in a block, they may collect more fees.
answered yesterday
VecnaVecna
1767
1767
Thank you that makes a lot of sense!
– Jyclop
yesterday
add a comment |
Thank you that makes a lot of sense!
– Jyclop
yesterday
Thank you that makes a lot of sense!
– Jyclop
yesterday
Thank you that makes a lot of sense!
– Jyclop
yesterday
add a comment |
The answer is one, the coinbase transaction.
add a comment |
The answer is one, the coinbase transaction.
add a comment |
The answer is one, the coinbase transaction.
The answer is one, the coinbase transaction.
answered yesterday
Pieter WuillePieter Wuille
48.1k3100162
48.1k3100162
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Jyclop is a new contributor. Be nice, and check out our Code of Conduct.
Jyclop is a new contributor. Be nice, and check out our Code of Conduct.
Jyclop is a new contributor. Be nice, and check out our Code of Conduct.
Jyclop is a new contributor. Be nice, and check out our Code of Conduct.
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It is no quicker to mine a block with one transaction, compared to a block with many transactions.
– chytrik
yesterday