[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"glossary-related-en-block":3,"glossary-term-en-block":35},{"items":4},[5,11,17,23,29],{"id":6,"slug":7,"term":8,"shortDefinition":9,"firstLetter":10},"12509c6a-f6a9-413d-a9ac-943492e27a3d","coinbase-transaction","Coinbase Transaction","Coinbase transaction is a special type of transaction in a blockchain that is created as the first transaction in a block. It has no inputs and is used to collect the block reward, including newly generated coins. In Bitcoin, it is the mechanism through which new BTC enters circulation.","C",{"id":12,"slug":13,"term":14,"shortDefinition":15,"firstLetter":16},"6c0c3a92-a217-4ee6-b0bf-761839211e02","halving","Halving","Halving is an event in Bitcoin mining that occurs every 210,000 blocks, reducing the block reward by 50 %. It is designed to control Bitcoin’s supply, making the cryptocurrency more scarce over time. Bitcoin halving happens approximately every four years.","H",{"id":18,"slug":19,"term":20,"shortDefinition":21,"firstLetter":22},"affed3d7-e389-4752-ab50-2ba0a79b9e96","mineable-cryptocurrency","Mineable Cryptocurrency","Mineable cryptocurrency refers to digital currencies that are generated through the process of mining. Mining is a computational process in which miners use powerful computers to solve complex mathematical puzzles in exchange for rewards in the form of cryptocurrency. The most well-known mineable cryptocurrency is Bitcoin, but many other cryptocurrencies, such as Ethereum, Litecoin, and Monero, are also mineable.","M",{"id":24,"slug":25,"term":26,"shortDefinition":27,"firstLetter":28},"81576e78-70ff-448a-82b0-9a8f0623e10b","nonce","Nonce","A nonce is a random value that miners change in order to generate a valid hash in the Bitcoin mining process. It is part of the block header and is adjusted by miners during Proof of Work to meet the network’s difficulty target. The nonce helps miners find a hash that satisfies the conditions set.","N",{"id":30,"slug":31,"term":32,"shortDefinition":33,"firstLetter":34},"c1cd9775-ba3b-41b4-b03f-dc26e14d8510","fpps-full-pay-per-share","FPPS (Full Pay Per Share)","FPPS (Full Pay Per Share) is an enhanced payout model used by mining pools to distribute rewards to miners. In FPPS, miners are paid a fixed amount for each share they contribute to the pool, just like the standard PPS model. FPPS goes a step further by including both the block reward and the transaction fees in the payout, ensuring that miners receive 100% of the reward from both sources.","F",{"term":36},{"id":37,"locale":38,"slug":39,"term":40,"h1":40,"shortDefinition":41,"simpleExplanationHtml":42,"howItWorksHtml":43,"exampleHtml":44,"contentHtml":45,"aliases":46,"abbreviations":47,"algorithms":48,"faq":49,"seoTitle":65,"seoDescription":66,"status":67,"publishedAt":68,"updatedAt":69},"34e79dd2-af51-443e-8ea8-643611a81033","en","block","Block","A block is a unit of data in a blockchain that contains a group of verified transactions, along with a timestamp and a reference to the previous block. Blocks are added to the blockchain through mining and are secured using cryptographic hashing and tamper-resistant chain of records.\n","\u003Cp>A block is like a page in a digital ledger where multiple transactions are recorded together. Instead of writing each transaction separately, the system groups them into blocks to organize and store data efficiently.\u003C\u002Fp>\u003Cp>Each block contains a list of transactions that have been verified by the network. Once the block is full, it gets added to the chain of previous blocks, creating a continuous record of all activity. This chain is what we call the blockchain.\u003C\u002Fp>\u003Cp>Think of it as stacking pages in a notebook. Each new page includes a reference to the one before it, so everything stays connected. If someone tries to change a transaction in an earlier block, it would break the entire chain, making tampering easy to detect.\u003C\u002Fp>\u003Cp>In Bitcoin, blocks are created approximately every 10 minutes. This steady pace ensures that transactions are processed regularly while keeping the network secure and synchronized.\u003C\u002Fp>","\u003Cp>A block is created through the mining process.\u003C\u002Fp>\u003Cp>When users send Bitcoin, their transactions are broadcast to the network. Miners collect these pending transactions and group them into a candidate block. Before the block can be added to the blockchain, it must be validated.\u003C\u002Fp>\u003Cp>To do this, miners compete to solve a cryptographic puzzle using Proof of Work. This requires significant computational power, typically from ASIC machines. The process involves finding a hash that meets specific network conditions.\u003C\u002Fp>\u003Cp>Each block includes:\u003C\u002Fp>\u003Cul>\u003Cli>\u003Cp>A list of transactions\u003C\u002Fp>\u003C\u002Fli>\u003Cli>\u003Cp>A timestamp\u003C\u002Fp>\u003C\u002Fli>\u003Cli>\u003Cp>The hash of the previous block\u003C\u002Fp>\u003C\u002Fli>\u003Cli>\u003Cp>A nonce (a variable used in mining)\u003C\u002Fp>\u003C\u002Fli>\u003C\u002Ful>\u003Cp>Once a miner finds a valid solution, the block is added to the blockchain and shared across the network. Other nodes verify it, and if accepted, it becomes a permanent part of the ledger.\u003C\u002Fp>\u003Cp>The miner who successfully adds the block receives a block reward plus transaction fees. The network adjusts difficulty over time to maintain a consistent block creation rate.\u003C\u002Fp>","\u003Cp>Imagine a mining pool processing thousands of transactions. These transactions are grouped into a block candidate.\u003C\u002Fp>\u003Cp>Miners in the pool use their combined hashrate to solve the required cryptographic puzzle. When the pool successfully mines a block, it gets added to the blockchain.\u003C\u002Fp>\u003Cp>The reward is then distributed among participants based on their contribution. For example, a miner contributing 10% of the pool’s total hashrate receives approximately 10% of the reward.\u003C\u002Fp>\u003Cp>The size and efficiency of blocks can impact mining profitability. Larger blocks can include more transactions (and fees), while network difficulty determines how often blocks are successfully mined.\u003C\u002Fp>","\u003Cp>The size and efficiency of blocks can impact mining profitability. Larger blocks can include more transactions (and fees), while network difficulty determines how often blocks are successfully mined.\u003C\u002Fp>",[],[],[],[50,53,56,59,62],{"answer":51,"question":52},"A block includes a list of verified transactions, a timestamp, the hash of the previous block, and a nonce used for mining. These elements ensure the block is secure and properly linked to the blockchain.","What is included in a block?",{"answer":54,"question":55},"In the Bitcoin network, a new block is created approximately every 10 minutes. This timing is maintained by adjusting the mining difficulty based on the total network hashrate.","How often are blocks created in Bitcoin?",{"answer":57,"question":58},"If two blocks are mined simultaneously, the blockchain temporarily splits into two versions. The network resolves this by continuing to build on the longest chain, and the shorter one is eventually discarded.","What happens if two blocks are mined at the same time?",{"answer":60,"question":61},"Yes, block size determines how many transactions can be included. Larger blocks can carry more transaction fees, which may increase miner rewards, but they also require more processing and storage.","Does block size affect mining?",{"answer":63,"question":64},"No, once a block is added to the blockchain and confirmed by the network, it cannot be changed. Altering it would require re-mining all subsequent blocks, which is practically impossible.","Can a block be changed after it is added?","Block: Definition, How It Works in Mining, Example","What is a block? Learn how blocks store transactions, how they are created in Bitcoin mining, what affects block rewards and validation, and how blocks connect to form the blockchain.","published","2026-04-28T07:47:08.639Z","2026-04-28T07:47:05.342Z"]