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
asked 5 hours ago
JyclopJyclop
132
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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
asked 5 hours ago
JyclopJyclop
132
New contributor
Jyclop is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
1
It is no quicker to mine a block with one transaction, compared to a block with many transactions.
– chytrik
3 hours 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
asked 5 hours ago
JyclopJyclop
132
New contributor
Jyclop is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
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
asked 5 hours ago
JyclopJyclop
132
New contributor
Jyclop is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
asked 5 hours ago
JyclopJyclop
132
New contributor
Jyclop is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
asked 5 hours ago
JyclopJyclop
132
New contributor
Jyclop is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
asked 5 hours ago
JyclopJyclop
132
asked 5 hours ago
JyclopJyclop
132
132
New contributor
Jyclop is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
New contributor
Jyclop is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
Jyclop is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
1
It is no quicker to mine a block with one transaction, compared to a block with many transactions.
– chytrik
3 hours ago
add a comment |
1
It is no quicker to mine a block with one transaction, compared to a block with many transactions.
– chytrik
3 hours ago
1
1
It is no quicker to mine a block with one transaction, compared to a block with many transactions.
– chytrik
3 hours ago
It is no quicker to mine a block with one transaction, compared to a block with many transactions.
– chytrik
3 hours ago
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.
answered 3 hours ago
VecnaVecna
1367
Thank you that makes a lot of sense!
– Jyclop
1 hour ago
add a comment |
The answer is one, the coinbase transaction.
answered 5 hours ago
Pieter WuillePieter Wuille
48k3100162
add a comment |
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2 Answers
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active
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2 Answers
2
active
oldest
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votes
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.
answered 3 hours ago
VecnaVecna
1367
Thank you that makes a lot of sense!
– Jyclop
1 hour ago
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.
answered 3 hours ago
VecnaVecna
1367
Thank you that makes a lot of sense!
– Jyclop
1 hour ago
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.
answered 3 hours ago
VecnaVecna
1367
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 3 hours ago
VecnaVecna
1367
answered 3 hours ago
VecnaVecna
1367
answered 3 hours ago
VecnaVecna
1367
answered 3 hours ago
VecnaVecna
1367
1367
Thank you that makes a lot of sense!
– Jyclop
1 hour ago
add a comment |
Thank you that makes a lot of sense!
– Jyclop
1 hour ago
Thank you that makes a lot of sense!
– Jyclop
1 hour ago
Thank you that makes a lot of sense!
– Jyclop
1 hour ago
add a comment |
The answer is one, the coinbase transaction.
answered 5 hours ago
Pieter WuillePieter Wuille
48k3100162
add a comment |
The answer is one, the coinbase transaction.
answered 5 hours ago
Pieter WuillePieter Wuille
48k3100162
add a comment |
The answer is one, the coinbase transaction.
answered 5 hours ago
Pieter WuillePieter Wuille
48k3100162
The answer is one, the coinbase transaction.
answered 5 hours ago
Pieter WuillePieter Wuille
48k3100162
answered 5 hours ago
Pieter WuillePieter Wuille
48k3100162
answered 5 hours ago
Pieter WuillePieter Wuille
48k3100162
answered 5 hours ago
Pieter WuillePieter Wuille
48k3100162
48k3100162
add a comment |
add a comment |
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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1
It is no quicker to mine a block with one transaction, compared to a block with many transactions.
– chytrik
3 hours ago