Is there a minimum number of transactions in a block?
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
1
It is no quicker to mine a block with one transaction, compared to a block with many transactions.
– chytrik
59 mins ago
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 3 hours ago
JyclopJyclop
111
111
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It is no quicker to mine a block with one transaction, compared to a block with many transactions.
– chytrik
59 mins ago
add a comment |
1
It is no quicker to mine a block with one transaction, compared to a block with many transactions.
– chytrik
59 mins ago
1
1
It is no quicker to mine a block with one transaction, compared to a block with many transactions.
– chytrik
59 mins ago
It is no quicker to mine a block with one transaction, compared to a block with many transactions.
– chytrik
59 mins ago
add a comment |
2 Answers
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The answer is one, the coinbase transaction.
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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.
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2 Answers
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2 Answers
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The answer is one, the coinbase transaction.
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The answer is one, the coinbase transaction.
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The answer is one, the coinbase transaction.
The answer is one, the coinbase transaction.
answered 2 hours ago
Pieter WuillePieter Wuille
48k3100162
48k3100162
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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.
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.
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 29 mins ago
VecnaVecna
1117
1117
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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.
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1
It is no quicker to mine a block with one transaction, compared to a block with many transactions.
– chytrik
59 mins ago