# Block Reward

> The newly minted coins given to whoever produces a new block.

Canonical URL: https://fudfomo.co/glossary/block-reward
Source: What The Block! Dictionary v1.0 (last updated 2026-04-25), browsable at https://wtb.fudfomo.co.

## Definition

A block reward is what the network pays a miner or validator for producing a valid block. On Bitcoin, the reward starts large and is halved every 210,000 blocks. On Ethereum, validators earn issuance plus tips from transactions.

Block rewards are how new coins enter circulation on most networks. As the reward shrinks over time, transaction fees become a bigger share of what producers earn.

## Related terms

- [Mining](https://fudfomo.co/glossary/mining): Using computers to add new transactions to a blockchain and earn newly created coins as a reward.
- [Validator](https://fudfomo.co/glossary/validator): A participant in a proof-of-stake network who proposes and confirms new blocks. Earns rewards and can be slashed.
- [Halving](https://fudfomo.co/glossary/halving): An event where the reward for mining new Bitcoin blocks is cut in half. Happens roughly every four years.
- [Gas Fee](https://fudfomo.co/glossary/gas-fee): The cost of getting your transaction included on the blockchain. Goes to the people who run the network.

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