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  1. Categories >> Software >> Cryptography >> Blockchain
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What do you mean by coinbase transaction?

Question Posted / Ankit Saxena

Answer Posted / Ankit Saxena

A coinbase transaction is a special type of transaction in a block that creates new coins (or rewards) for the miner who successfully solves a block's cryptographic puzzle and adds it to the blockchain. In Bitcoin, for example, miners are rewarded with 6.25 BTC per each successful block they mine.

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