Is there a minimum number of transactions in a block?What is the motivation for miners to include all recent transactions in a block?How Is Block Assembled?How are unconfirmed transactions divided into different blocks?Transaction inclusion into blockHow do I reward a miner who made a block I like?Is the probability of generating invalid blocks reduced by mining transactions unknown to others?What is the incentive for including transactions in a block?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
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Is there a minimum number of transactions in a block?
What is the motivation for miners to include all recent transactions in a block?How Is Block Assembled?How are unconfirmed transactions divided into different blocks?Transaction inclusion into blockHow do I reward a miner who made a block I like?Is the probability of generating invalid blocks reduced by mining transactions unknown to others?What is the incentive for including transactions in a block?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 lots of transactions in blocks?
mining-reward transaction-selection
edited Apr 10 at 0:23
Murch♦
35.8k27116340
asked Apr 7 at 23:06
JyclopJyclop
182
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 lots of transactions in blocks?
mining-reward transaction-selection
edited Apr 10 at 0:23
Murch♦
35.8k27116340
asked Apr 7 at 23:06
JyclopJyclop
182
2
It is no quicker to mine a block with one transaction, compared to a block with many transactions.
– chytrik
Apr 8 at 1:07
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 lots of transactions in blocks?
mining-reward transaction-selection
edited Apr 10 at 0:23
Murch♦
35.8k27116340
asked Apr 7 at 23:06
JyclopJyclop
182
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 lots of transactions in blocks?
mining-reward transaction-selection
mining-reward transaction-selection
edited Apr 10 at 0:23
Murch♦
35.8k27116340
asked Apr 7 at 23:06
JyclopJyclop
182
edited Apr 10 at 0:23
Murch♦
35.8k27116340
asked Apr 7 at 23:06
JyclopJyclop
182
edited Apr 10 at 0:23
Murch♦
35.8k27116340
edited Apr 10 at 0:23
Murch♦
35.8k27116340
edited Apr 10 at 0:23
Murch♦
35.8k27116340
35.8k27116340
asked Apr 7 at 23:06
JyclopJyclop
182
asked Apr 7 at 23:06
JyclopJyclop
182
asked Apr 7 at 23:06
JyclopJyclop
182
182
2
It is no quicker to mine a block with one transaction, compared to a block with many transactions.
– chytrik
Apr 8 at 1:07
add a comment |
2
It is no quicker to mine a block with one transaction, compared to a block with many transactions.
– chytrik
Apr 8 at 1:07
2
2
It is no quicker to mine a block with one transaction, compared to a block with many transactions.
– chytrik
Apr 8 at 1:07
It is no quicker to mine a block with one transaction, compared to a block with many transactions.
– chytrik
Apr 8 at 1:07
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 Apr 8 at 1:37
VecnaVecna
3067
Thank you that makes a lot of sense!
– Jyclop
Apr 8 at 3:03
add a comment |
The answer is one, the coinbase transaction.
answered Apr 7 at 23:40
Pieter WuillePieter Wuille
48.9k3100163
add a comment |
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2 Answers
2
active
oldest
votes
2 Answers
2
active
oldest
votes
active
oldest
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 Apr 8 at 1:37
VecnaVecna
3067
Thank you that makes a lot of sense!
– Jyclop
Apr 8 at 3:03
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 Apr 8 at 1:37
VecnaVecna
3067
Thank you that makes a lot of sense!
– Jyclop
Apr 8 at 3:03
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 Apr 8 at 1:37
VecnaVecna
3067
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 Apr 8 at 1:37
VecnaVecna
3067
answered Apr 8 at 1:37
VecnaVecna
3067
answered Apr 8 at 1:37
VecnaVecna
3067
answered Apr 8 at 1:37
VecnaVecna
3067
3067
Thank you that makes a lot of sense!
– Jyclop
Apr 8 at 3:03
add a comment |
Thank you that makes a lot of sense!
– Jyclop
Apr 8 at 3:03
Thank you that makes a lot of sense!
– Jyclop
Apr 8 at 3:03
Thank you that makes a lot of sense!
– Jyclop
Apr 8 at 3:03
add a comment |
The answer is one, the coinbase transaction.
answered Apr 7 at 23:40
Pieter WuillePieter Wuille
48.9k3100163
add a comment |
The answer is one, the coinbase transaction.
answered Apr 7 at 23:40
Pieter WuillePieter Wuille
48.9k3100163
add a comment |
The answer is one, the coinbase transaction.
answered Apr 7 at 23:40
Pieter WuillePieter Wuille
48.9k3100163
The answer is one, the coinbase transaction.
answered Apr 7 at 23:40
Pieter WuillePieter Wuille
48.9k3100163
answered Apr 7 at 23:40
Pieter WuillePieter Wuille
48.9k3100163
answered Apr 7 at 23:40
Pieter WuillePieter Wuille
48.9k3100163
answered Apr 7 at 23:40
Pieter WuillePieter Wuille
48.9k3100163
48.9k3100163
add a comment |
add a comment |
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2
It is no quicker to mine a block with one transaction, compared to a block with many transactions.
– chytrik
Apr 8 at 1:07