{"id":355,"date":"2023-03-12T21:16:10","date_gmt":"2023-03-12T21:16:10","guid":{"rendered":"https:\/\/www.btcmining.academy\/?p=355"},"modified":"2023-03-20T13:02:08","modified_gmt":"2023-03-20T13:02:08","slug":"coinbase-transaction","status":"publish","type":"page","link":"https:\/\/www.btcmining.academy\/blockchain\/coinbase-transaction\/","title":{"rendered":"Coinbase Transaction"},"content":{"rendered":"<section class=\"wpb-content-wrapper\"><div id=\"tdi_1\" class=\"tdc-row\"><div class=\"vc_row tdi_2  wpb_row td-pb-row\" >\n<style scoped>\n\n\/* custom css *\/\n.tdi_2,\r\n                .tdi_2 .tdc-columns{\r\n                    min-height: 0;\r\n                }\n<\/style><div class=\"vc_column tdi_4  wpb_column vc_column_container tdc-column td-pb-span8\">\n<style scoped>\n\n\/* custom css *\/\n.tdi_4{\r\n                    vertical-align: baseline;\r\n                }\n<\/style><div class=\"wpb_wrapper\" >[vc_column_text]The Coinbase transaction is a special type of transaction that is included in every block added to the Bitcoin blockchain. In this article, we will explore what a Coinbase transaction is in relation to Bitcoin mining and why it is so important to the mining process.<\/p>\r\n<p>\r\n\r\nThe Coinbase transaction is the first transaction in every block added to the blockchain. It is created by the miner who successfully solves the mathematical problem required to add the block to the blockchain. The Coinbase transaction is unique in that it does not have any inputs and is used to create new Bitcoins and award them to the miner.<\/p>\r\n<p>\r\n\r\nThe Coinbase transaction includes a specific output, called the Coinbase reward, which is the number of new Bitcoins that the miner is awarded for successfully adding the block to the blockchain. The Coinbase reward is determined by the Bitcoin protocol and is halved every 210,000 blocks, which is approximately every four years. As of 2021, the Coinbase reward is 6.25 Bitcoins per block.<\/p>\r\n<p>\r\n\r\nThe importance of the Coinbase transaction in relation to Bitcoin mining lies in its role in distributing new Bitcoins into circulation. By awarding the miner who successfully adds a block to the blockchain with a Coinbase reward, the Bitcoin network incentivizes miners to invest in powerful computers and to devote their time and resources to the network. This helps to ensure that the network remains secure and that transactions are processed in a timely manner.<\/p>\r\n<p>\r\n\r\nFurthermore, the Coinbase transaction helps to control the supply of new Bitcoins into circulation. By halving the Coinbase reward every 210,000 blocks, the Bitcoin protocol ensures that the supply of new Bitcoins is limited over time. This helps to prevent inflation and ensures that Bitcoin remains a scarce and valuable asset.<\/p>\r\n<p>\r\n\r\nThe Coinbase transaction is also important because it creates a mechanism for achieving consensus on the network. By requiring miners to solve complex mathematical problems to add new blocks to the blockchain, the Bitcoin network ensures that no single participant can control the network. This creates a decentralized and secure network for the transfer of value, without the need for intermediaries such as banks or payment processors.<\/p>\r\n<p>\r\n\r\nIn conclusion, the Coinbase transaction is a critical component of the Bitcoin mining process, providing a mechanism for distributing new Bitcoins into circulation and incentivizing miners to invest in powerful computers and to devote their time and resources to the network. The Coinbase reward is determined by the Bitcoin protocol and is halved every 210,000 blocks, helping to control the supply of new Bitcoins into circulation and ensuring that Bitcoin remains a scarce and valuable asset. By creating a mechanism for achieving consensus on the network, the Coinbase transaction helps to create a decentralized and secure network for the transfer of value.<\/p>\r\n<p>[\/vc_column_text]<\/div><\/div><div class=\"vc_column tdi_6  wpb_column vc_column_container tdc-column td-pb-span4\">\n<style scoped>\n\n\/* custom css *\/\n.tdi_6{\r\n                    vertical-align: baseline;\r\n                }\n<\/style><div class=\"wpb_wrapper\" ><div class=\"wpb_wrapper td_block_wrap vc_widget_sidebar tdi_8 \" ><div class=\"td_block_wrap td_block_7 td_block_widget tdi_9 td-pb-border-top td_block_template_1\"  data-td-block-uid=\"tdi_9\" ><script>var block_tdi_9 = new tdBlock();\nblock_tdi_9.id = \"tdi_9\";\nblock_tdi_9.atts = '{\"sort\":\"\",\"custom_title\":\"Recent 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title\",\"m6f_title_font_settings\":\"\",\"m6f_title_font_family\":\"\",\"m6f_title_font_size\":\"\",\"m6f_title_font_line_height\":\"\",\"m6f_title_font_style\":\"\",\"m6f_title_font_weight\":\"\",\"m6f_title_font_transform\":\"\",\"m6f_title_font_spacing\":\"\",\"m6f_title_\":\"\",\"m6f_cat_font_title\":\"Article category tag\",\"m6f_cat_font_settings\":\"\",\"m6f_cat_font_family\":\"\",\"m6f_cat_font_size\":\"\",\"m6f_cat_font_line_height\":\"\",\"m6f_cat_font_style\":\"\",\"m6f_cat_font_weight\":\"\",\"m6f_cat_font_transform\":\"\",\"m6f_cat_font_spacing\":\"\",\"m6f_cat_\":\"\",\"m6f_meta_font_title\":\"Article meta info\",\"m6f_meta_font_settings\":\"\",\"m6f_meta_font_family\":\"\",\"m6f_meta_font_size\":\"\",\"m6f_meta_font_line_height\":\"\",\"m6f_meta_font_style\":\"\",\"m6f_meta_font_weight\":\"\",\"m6f_meta_font_transform\":\"\",\"m6f_meta_font_spacing\":\"\",\"m6f_meta_\":\"\",\"css\":\"\",\"tdc_css\":\"\",\"td_column_number\":1,\"ajax_pagination_next_prev_swipe\":\"\",\"tdc_css_class\":\"tdi_9\",\"tdc_css_class_style\":\"tdi_9_rand_style\"}';\nblock_tdi_9.td_column_number = \"1\";\nblock_tdi_9.block_type = \"td_block_7\";\nblock_tdi_9.post_count = \"10\";\nblock_tdi_9.found_posts = \"10203\";\nblock_tdi_9.header_color = \"#\";\nblock_tdi_9.ajax_pagination_infinite_stop = \"\";\nblock_tdi_9.max_num_pages = \"1021\";\ntdBlocksArray.push(block_tdi_9);\n<\/script><h4 class=\"block-title\"><span class=\"td-pulldown-size\">Recent Posts<\/span><\/h4><div id=tdi_9 class=\"td_block_inner\">\n\n\t<div class=\"td-block-span12\">\n\r\n        <div class=\"td_module_6 td_module_wrap td-animation-stack td-meta-info-hide td-cpt-post\">\r\n            \r\n            <div class=\"td-module-thumb\"><a href=\"https:\/\/www.btcmining.academy\/nonce-and-the-optimization-of-bitcoin-mining-processes\/\" rel=\"bookmark\" class=\"td-image-wrap \" title=\"Nonce and the Optimization of Bitcoin Mining Processes\" ><img loading=\"lazy\" decoding=\"async\" class=\"entry-thumb\" src=\"\" alt=\"\" title=\"Nonce and the Optimization of Bitcoin Mining Processes\" data-type=\"image_tag\" data-img-url=\"https:\/\/www.btcmining.academy\/wp-content\/uploads\/2023\/04\/nonce-and-the-optimization-of-bitcoin-mining-processes-100x75.jpg\"  width=\"100\" height=\"75\" \/><\/a><\/div>\r\n        <div class=\"item-details\">\r\n\r\n            <h3 class=\"entry-title td-module-title\"><a href=\"https:\/\/www.btcmining.academy\/nonce-and-the-optimization-of-bitcoin-mining-processes\/\" rel=\"bookmark\" title=\"Nonce and the Optimization of Bitcoin Mining Processes\">Nonce and the Optimization of Bitcoin Mining Processes<\/a><\/h3>            <div class=\"meta-info\">\r\n                                                                                            <\/div>\r\n        <\/div>\r\n\r\n        <\/div>\r\n\r\n        \n\t<\/div> <!-- .\/td-block-span12 -->\n\n\t<div class=\"td-block-span12\">\n\r\n        <div class=\"td_module_6 td_module_wrap td-animation-stack td-meta-info-hide td-cpt-post\">\r\n            \r\n            <div class=\"td-module-thumb\"><a href=\"https:\/\/www.btcmining.academy\/containerized-bitcoin-mining-farm-for-sale\/\" rel=\"bookmark\" class=\"td-image-wrap \" title=\"Containerized Bitcoin Mining Farm for Sale\" ><img loading=\"lazy\" decoding=\"async\" class=\"entry-thumb\" src=\"\" alt=\"\" title=\"Containerized Bitcoin Mining Farm for Sale\" data-type=\"image_tag\" data-img-url=\"https:\/\/www.btcmining.academy\/wp-content\/uploads\/2023\/04\/containerized-bitcoin-mining-farm-for-sale-100x75.jpg\"  width=\"100\" height=\"75\" \/><\/a><\/div>\r\n        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src=\"\" alt=\"\" title=\"Project Management for Home Bitcoin Mining\" data-type=\"image_tag\" data-img-url=\"https:\/\/www.btcmining.academy\/wp-content\/uploads\/2023\/04\/project-management-for-home-bitcoin-mining-100x75.jpg\"  width=\"100\" height=\"75\" \/><\/a><\/div>\r\n        <div class=\"item-details\">\r\n\r\n            <h3 class=\"entry-title td-module-title\"><a href=\"https:\/\/www.btcmining.academy\/project-management-for-home-bitcoin-mining\/\" rel=\"bookmark\" title=\"Project Management for Home Bitcoin Mining\">Project Management for Home Bitcoin Mining<\/a><\/h3>            <div class=\"meta-info\">\r\n                                                                                            <\/div>\r\n        <\/div>\r\n\r\n        <\/div>\r\n\r\n        \n\t<\/div> <!-- .\/td-block-span12 -->\n\n\t<div class=\"td-block-span12\">\n\r\n        <div class=\"td_module_6 td_module_wrap td-animation-stack td-meta-info-hide td-cpt-post\">\r\n            \r\n            <div class=\"td-module-thumb\"><a href=\"https:\/\/www.btcmining.academy\/what-is-the-validation-process-for-nonce-in-bitcoin-mining\/\" rel=\"bookmark\" class=\"td-image-wrap \" title=\"What is the validation process for Nonce in Bitcoin mining?\" ><img loading=\"lazy\" decoding=\"async\" class=\"entry-thumb\" src=\"\" alt=\"\" title=\"What is the validation process for Nonce in Bitcoin mining?\" data-type=\"image_tag\" data-img-url=\"https:\/\/www.btcmining.academy\/wp-content\/uploads\/2023\/04\/what-is-the-validation-process-for-nonce-in-bitcoin-mining-100x75.jpg\"  width=\"100\" height=\"75\" \/><\/a><\/div>\r\n        <div class=\"item-details\">\r\n\r\n            <h3 class=\"entry-title td-module-title\"><a href=\"https:\/\/www.btcmining.academy\/what-is-the-validation-process-for-nonce-in-bitcoin-mining\/\" rel=\"bookmark\" title=\"What is the validation process for Nonce in Bitcoin mining?\">What is the validation process for Nonce in Bitcoin mining?<\/a><\/h3>            <div class=\"meta-info\">\r\n                                                                                            <\/div>\r\n        <\/div>\r\n\r\n        <\/div>\r\n\r\n        \n\t<\/div> <!-- .\/td-block-span12 -->\n\n\t<div class=\"td-block-span12\">\n\r\n        <div class=\"td_module_6 td_module_wrap td-animation-stack td-meta-info-hide td-cpt-post\">\r\n            \r\n            <div class=\"td-module-thumb\"><a href=\"https:\/\/www.btcmining.academy\/what-is-the-role-of-a-mining-pool-operator\/\" rel=\"bookmark\" class=\"td-image-wrap \" title=\"What is the role of a mining pool operator?\" ><img loading=\"lazy\" decoding=\"async\" class=\"entry-thumb\" src=\"\" alt=\"\" title=\"What is the role of a mining pool operator?\" data-type=\"image_tag\" data-img-url=\"https:\/\/www.btcmining.academy\/wp-content\/uploads\/2023\/04\/what-is-the-role-of-a-mining-pool-operator-100x75.jpg\"  width=\"100\" height=\"75\" \/><\/a><\/div>\r\n        <div class=\"item-details\">\r\n\r\n            <h3 class=\"entry-title td-module-title\"><a href=\"https:\/\/www.btcmining.academy\/what-is-the-role-of-a-mining-pool-operator\/\" rel=\"bookmark\" title=\"What is the role of a mining pool operator?\">What is the role of a mining pool operator?<\/a><\/h3>            <div class=\"meta-info\">\r\n                                                                                            <\/div>\r\n        <\/div>\r\n\r\n        <\/div>\r\n\r\n        \n\t<\/div> <!-- .\/td-block-span12 -->\n\n\t<div class=\"td-block-span12\">\n\r\n        <div class=\"td_module_6 td_module_wrap td-animation-stack td-meta-info-hide td-cpt-post\">\r\n            \r\n            <div class=\"td-module-thumb\"><a href=\"https:\/\/www.btcmining.academy\/what-are-the-ethical-considerations-around-the-potential-use-of-bitcoin-mining-for-nuclear-proliferation\/\" rel=\"bookmark\" class=\"td-image-wrap \" title=\"What are the ethical considerations around the potential use of bitcoin mining for nuclear proliferation?\" ><img loading=\"lazy\" decoding=\"async\" class=\"entry-thumb\" src=\"\" alt=\"\" title=\"What are the ethical considerations around the potential use of bitcoin mining for nuclear proliferation?\" data-type=\"image_tag\" data-img-url=\"https:\/\/www.btcmining.academy\/wp-content\/uploads\/2023\/04\/what-are-the-ethical-considerations-around-the-potential-use-of-bitcoin-mining-for-nuclear-proliferation-100x75.jpg\"  width=\"100\" height=\"75\" \/><\/a><\/div>\r\n        <div class=\"item-details\">\r\n\r\n            <h3 class=\"entry-title td-module-title\"><a href=\"https:\/\/www.btcmining.academy\/what-are-the-ethical-considerations-around-the-potential-use-of-bitcoin-mining-for-nuclear-proliferation\/\" rel=\"bookmark\" title=\"What are the ethical considerations around the potential use of bitcoin mining for nuclear proliferation?\">What are the ethical considerations around the potential use of bitcoin...<\/a><\/h3>            <div class=\"meta-info\">\r\n                                                                                            <\/div>\r\n        <\/div>\r\n\r\n        <\/div>\r\n\r\n        \n\t<\/div> <!-- .\/td-block-span12 -->\n\n\t<div class=\"td-block-span12\">\n\r\n        <div class=\"td_module_6 td_module_wrap td-animation-stack td-meta-info-hide td-cpt-post\">\r\n            \r\n            <div class=\"td-module-thumb\"><a href=\"https:\/\/www.btcmining.academy\/the-anatomy-of-a-coinbase-transaction-in-bitcoin-mining\/\" rel=\"bookmark\" class=\"td-image-wrap \" title=\"The Anatomy of a Coinbase Transaction in Bitcoin Mining\" ><img loading=\"lazy\" decoding=\"async\" class=\"entry-thumb\" src=\"\" alt=\"\" title=\"The Anatomy of a Coinbase Transaction in Bitcoin Mining\" data-type=\"image_tag\" data-img-url=\"https:\/\/www.btcmining.academy\/wp-content\/uploads\/2023\/04\/the-anatomy-of-a-coinbase-transaction-in-bitcoin-mining-100x75.jpg\"  width=\"100\" height=\"75\" \/><\/a><\/div>\r\n        <div class=\"item-details\">\r\n\r\n            <h3 class=\"entry-title td-module-title\"><a href=\"https:\/\/www.btcmining.academy\/the-anatomy-of-a-coinbase-transaction-in-bitcoin-mining\/\" rel=\"bookmark\" title=\"The Anatomy of a Coinbase Transaction in Bitcoin Mining\">The Anatomy of a Coinbase Transaction in Bitcoin Mining<\/a><\/h3>            <div class=\"meta-info\">\r\n                                                                                            <\/div>\r\n        <\/div>\r\n\r\n        <\/div>\r\n\r\n        \n\t<\/div> <!-- .\/td-block-span12 -->\n\n\t<div class=\"td-block-span12\">\n\r\n        <div class=\"td_module_6 td_module_wrap td-animation-stack td-meta-info-hide td-cpt-post\">\r\n            \r\n            <div class=\"td-module-thumb\"><a href=\"https:\/\/www.btcmining.academy\/how-do-mining-pools-affect-profitability-for-proof-of-work-coins\/\" rel=\"bookmark\" class=\"td-image-wrap \" title=\"How Do Mining Pools Affect Profitability for Proof-of-Work Coins?\" ><img loading=\"lazy\" decoding=\"async\" class=\"entry-thumb\" src=\"\" alt=\"\" title=\"How Do Mining Pools Affect Profitability for Proof-of-Work Coins?\" data-type=\"image_tag\" data-img-url=\"https:\/\/www.btcmining.academy\/wp-content\/uploads\/2023\/04\/how-do-mining-pools-affect-profitability-for-proof-of-work-coins-100x75.jpg\"  width=\"100\" height=\"75\" \/><\/a><\/div>\r\n        <div class=\"item-details\">\r\n\r\n            <h3 class=\"entry-title td-module-title\"><a href=\"https:\/\/www.btcmining.academy\/how-do-mining-pools-affect-profitability-for-proof-of-work-coins\/\" rel=\"bookmark\" title=\"How Do Mining Pools Affect Profitability for Proof-of-Work Coins?\">How Do Mining Pools Affect Profitability for Proof-of-Work Coins?<\/a><\/h3>            <div class=\"meta-info\">\r\n                                                                                            <\/div>\r\n        <\/div>\r\n\r\n        <\/div>\r\n\r\n        \n\t<\/div> <!-- .\/td-block-span12 -->\n\n\t<div class=\"td-block-span12\">\n\r\n        <div class=\"td_module_6 td_module_wrap td-animation-stack td-meta-info-hide td-cpt-post\">\r\n            \r\n            <div class=\"td-module-thumb\"><a href=\"https:\/\/www.btcmining.academy\/what-are-the-transaction-fee-implications-of-using-pooled-mining-with-central-trust-pmct-payment-method-in-bitcoin-mining\/\" rel=\"bookmark\" class=\"td-image-wrap \" title=\"What are the transaction fee implications of using Pooled Mining with Central Trust (PMCT) payment method in bitcoin mining?\" ><img loading=\"lazy\" decoding=\"async\" class=\"entry-thumb\" src=\"\" alt=\"\" title=\"What are the transaction fee implications of using Pooled Mining with Central Trust (PMCT) payment method in bitcoin mining?\" data-type=\"image_tag\" data-img-url=\"https:\/\/www.btcmining.academy\/wp-content\/uploads\/2023\/04\/what-are-the-transaction-fee-implications-of-using-pooled-mining-with-central-trust-pmct-payment-method-in-bitcoin-mining-100x75.jpg\"  width=\"100\" height=\"75\" \/><\/a><\/div>\r\n        <div class=\"item-details\">\r\n\r\n            <h3 class=\"entry-title td-module-title\"><a href=\"https:\/\/www.btcmining.academy\/what-are-the-transaction-fee-implications-of-using-pooled-mining-with-central-trust-pmct-payment-method-in-bitcoin-mining\/\" rel=\"bookmark\" title=\"What are the transaction fee implications of using Pooled Mining with Central Trust (PMCT) payment method in bitcoin mining?\">What are the transaction fee implications of using Pooled Mining with...<\/a><\/h3>            <div class=\"meta-info\">\r\n                                                                                            <\/div>\r\n        <\/div>\r\n\r\n        <\/div>\r\n\r\n        \n\t<\/div> <!-- .\/td-block-span12 -->\n\n\t<div class=\"td-block-span12\">\n\r\n        <div class=\"td_module_6 td_module_wrap td-animation-stack td-meta-info-hide td-cpt-post\">\r\n            \r\n            <div class=\"td-module-thumb\"><a href=\"https:\/\/www.btcmining.academy\/how-does-a-block-affect-bitcoin-mining-rewards\/\" rel=\"bookmark\" class=\"td-image-wrap \" title=\"How Does a Block Affect Bitcoin Mining Rewards?\" ><img loading=\"lazy\" decoding=\"async\" class=\"entry-thumb\" src=\"\" alt=\"\" title=\"How Does a Block Affect Bitcoin Mining Rewards?\" data-type=\"image_tag\" data-img-url=\"https:\/\/www.btcmining.academy\/wp-content\/uploads\/2023\/04\/how-does-a-block-affect-bitcoin-mining-rewards-100x75.jpg\"  width=\"100\" height=\"75\" \/><\/a><\/div>\r\n        <div class=\"item-details\">\r\n\r\n            <h3 class=\"entry-title td-module-title\"><a href=\"https:\/\/www.btcmining.academy\/how-does-a-block-affect-bitcoin-mining-rewards\/\" rel=\"bookmark\" title=\"How Does a Block Affect Bitcoin Mining Rewards?\">How Does a Block Affect Bitcoin Mining Rewards?<\/a><\/h3>            <div class=\"meta-info\">\r\n                                                                                            <\/div>\r\n        <\/div>\r\n\r\n        <\/div>\r\n\r\n        \n\t<\/div> <!-- .\/td-block-span12 --><\/div><\/div> <!-- .\/block --><\/div><\/div><\/div><\/div><\/div><div id=\"tdi_10\" class=\"tdc-row\"><div class=\"vc_row tdi_11  wpb_row td-pb-row\" >\n<style scoped>\n\n\/* custom css *\/\n.tdi_11,\r\n                .tdi_11 .tdc-columns{\r\n                    min-height: 0;\r\n                }\n<\/style><div class=\"vc_column tdi_13  wpb_column vc_column_container tdc-column td-pb-span12\">\n<style scoped>\n\n\/* custom css *\/\n.tdi_13{\r\n                    vertical-align: baseline;\r\n                }\n<\/style><div class=\"wpb_wrapper\" ><div class=\"td_block_wrap td_block_16 tdi_14 td_with_ajax_pagination td-pb-border-top td_block_template_1\"  data-td-block-uid=\"tdi_14\" >\n<style>\n\/* custom css *\/\n.tdi_14 .td-post-vid-time{\r\n\t\t\t\t\tdisplay: block;\r\n\t\t\t\t}\n<\/style><script>var block_tdi_14 = new tdBlock();\nblock_tdi_14.id = \"tdi_14\";\nblock_tdi_14.atts = '{\"custom_title\":\"Continue Learning...\",\"category_id\":\"63\",\"sort\":\"popular\",\"limit\":\"100\",\"ajax_pagination\":\"infinite\",\"ajax_pagination_infinite_stop\":\"5\",\"tdc_css\":\"\",\"block_type\":\"td_block_16\",\"separator\":\"\",\"custom_url\":\"\",\"title_tag\":\"\",\"block_template_id\":\"\",\"border_top\":\"\",\"color_preset\":\"\",\"mx4_tl\":\"\",\"mx4_title_tag\":\"\",\"post_ids\":\"\",\"category_ids\":\"\",\"tag_slug\":\"\",\"autors_id\":\"\",\"installed_post_types\":\"\",\"offset\":\"\",\"show_modified_date\":\"\",\"video_popup\":\"\",\"video_rec\":\"\",\"video_rec_title\":\"\",\"show_vid_t\":\"block\",\"el_class\":\"\",\"td_ajax_filter_type\":\"\",\"td_ajax_filter_ids\":\"\",\"td_filter_default_txt\":\"All\",\"td_ajax_preloading\":\"\",\"f_header_font_header\":\"\",\"f_header_font_title\":\"Block header\",\"f_header_font_settings\":\"\",\"f_header_font_family\":\"\",\"f_header_font_size\":\"\",\"f_header_font_line_height\":\"\",\"f_header_font_style\":\"\",\"f_header_font_weight\":\"\",\"f_header_font_transform\":\"\",\"f_header_font_spacing\":\"\",\"f_header_\":\"\",\"f_ajax_font_title\":\"Ajax categories\",\"f_ajax_font_settings\":\"\",\"f_ajax_font_family\":\"\",\"f_ajax_font_size\":\"\",\"f_ajax_font_line_height\":\"\",\"f_ajax_font_style\":\"\",\"f_ajax_font_weight\":\"\",\"f_ajax_font_transform\":\"\",\"f_ajax_font_spacing\":\"\",\"f_ajax_\":\"\",\"f_more_font_title\":\"Load more button\",\"f_more_font_settings\":\"\",\"f_more_font_family\":\"\",\"f_more_font_size\":\"\",\"f_more_font_line_height\":\"\",\"f_more_font_style\":\"\",\"f_more_font_weight\":\"\",\"f_more_font_transform\":\"\",\"f_more_font_spacing\":\"\",\"f_more_\":\"\",\"mx4f_title_font_header\":\"\",\"mx4f_title_font_title\":\"Article title\",\"mx4f_title_font_settings\":\"\",\"mx4f_title_font_family\":\"\",\"mx4f_title_font_size\":\"\",\"mx4f_title_font_line_height\":\"\",\"mx4f_title_font_style\":\"\",\"mx4f_title_font_weight\":\"\",\"mx4f_title_font_transform\":\"\",\"mx4f_title_font_spacing\":\"\",\"mx4f_title_\":\"\",\"mx4f_cat_font_title\":\"Article category tag\",\"mx4f_cat_font_settings\":\"\",\"mx4f_cat_font_family\":\"\",\"mx4f_cat_font_size\":\"\",\"mx4f_cat_font_line_height\":\"\",\"mx4f_cat_font_style\":\"\",\"mx4f_cat_font_weight\":\"\",\"mx4f_cat_font_transform\":\"\",\"mx4f_cat_font_spacing\":\"\",\"mx4f_cat_\":\"\",\"css\":\"\",\"td_column_number\":3,\"header_color\":\"\",\"ajax_pagination_next_prev_swipe\":\"\",\"class\":\"tdi_14\",\"tdc_css_class\":\"tdi_14\",\"tdc_css_class_style\":\"tdi_14_rand_style\"}';\nblock_tdi_14.td_column_number = \"3\";\nblock_tdi_14.block_type = \"td_block_16\";\nblock_tdi_14.post_count = \"6\";\nblock_tdi_14.found_posts = \"6\";\nblock_tdi_14.header_color = \"\";\nblock_tdi_14.ajax_pagination_infinite_stop = \"5\";\nblock_tdi_14.max_num_pages = \"1\";\ntdBlocksArray.push(block_tdi_14);\n<\/script><h4 class=\"block-title\"><span class=\"td-pulldown-size\">Continue Learning...<\/span><\/h4><div id=tdi_14 class=\"td_block_inner td-column-3\">\n\n\t<div class=\"td-block-row\">\n\n\t<div class=\"td-block-span4\">\n\r\n        <div class=\"td_module_mx4 td_module_wrap td-animation-stack td-meta-info-hide td-cpt-post\">\r\n            <div class=\"td-module-image\">\r\n                <div class=\"td-module-thumb\"><a href=\"https:\/\/www.btcmining.academy\/what-is-a-coinbase-transaction-and-how-does-it-work-in-bitcoin\/\" rel=\"bookmark\" class=\"td-image-wrap \" title=\"What is a Coinbase Transaction and How Does it Work in Bitcoin?\" ><img loading=\"lazy\" decoding=\"async\" class=\"entry-thumb\" src=\"\" alt=\"\" title=\"What is a Coinbase Transaction and How Does it Work in Bitcoin?\" data-type=\"image_tag\" data-img-url=\"https:\/\/www.btcmining.academy\/wp-content\/uploads\/2023\/03\/what-is-a-coinbase-transaction-and-how-does-it-work-in-bitcoin-300x194.jpg\"  width=\"300\" height=\"194\" \/><\/a><\/div>                \r\n                <a href=\"https:\/\/www.btcmining.academy\/.\/blockchain\/coinbase-transaction\/\" class=\"td-post-category\">Coinbase Transaction<\/a>            <\/div>\r\n\r\n            <h3 class=\"entry-title td-module-title\"><a href=\"https:\/\/www.btcmining.academy\/what-is-a-coinbase-transaction-and-how-does-it-work-in-bitcoin\/\" rel=\"bookmark\" title=\"What is a Coinbase Transaction and How Does it Work in Bitcoin?\">What is a Coinbase Transaction and How Does it Work in Bitcoin?<\/a><\/h3>\r\n            <div class=\"meta-info\">\r\n                                                                            <\/div>\r\n\r\n            \r\n        <\/div>\r\n\r\n        \n\t<\/div> <!-- .\/td-block-span4 -->\n\n\t<div class=\"td-block-span4\">\n\r\n        <div class=\"td_module_mx4 td_module_wrap td-animation-stack td-meta-info-hide td-cpt-post\">\r\n            <div class=\"td-module-image\">\r\n                <div class=\"td-module-thumb\"><a href=\"https:\/\/www.btcmining.academy\/what-is-the-difference-between-the-coinbase-transaction-input-and-output-in-bitcoin-mining\/\" rel=\"bookmark\" class=\"td-image-wrap \" title=\"What is the difference between the Coinbase transaction input and output in Bitcoin mining?\" ><img loading=\"lazy\" decoding=\"async\" class=\"entry-thumb\" src=\"\" alt=\"\" title=\"What is the difference between the Coinbase transaction input and output in Bitcoin mining?\" data-type=\"image_tag\" data-img-url=\"https:\/\/www.btcmining.academy\/wp-content\/uploads\/2023\/03\/what-is-the-difference-between-the-coinbase-transaction-input-and-output-in-bitcoin-mining-300x194.jpg\"  width=\"300\" height=\"194\" \/><\/a><\/div>                \r\n                <a href=\"https:\/\/www.btcmining.academy\/.\/blockchain\/coinbase-transaction\/\" class=\"td-post-category\">Coinbase Transaction<\/a>            <\/div>\r\n\r\n            <h3 class=\"entry-title td-module-title\"><a href=\"https:\/\/www.btcmining.academy\/what-is-the-difference-between-the-coinbase-transaction-input-and-output-in-bitcoin-mining\/\" rel=\"bookmark\" title=\"What is the difference between the Coinbase transaction input and output in Bitcoin mining?\">What is the difference between the Coinbase transaction input and output in Bitcoin...<\/a><\/h3>\r\n            <div class=\"meta-info\">\r\n                                                                            <\/div>\r\n\r\n            \r\n        <\/div>\r\n\r\n        \n\t<\/div> <!-- .\/td-block-span4 -->\n\n\t<div class=\"td-block-span4\">\n\r\n        <div class=\"td_module_mx4 td_module_wrap td-animation-stack td-meta-info-hide td-cpt-post\">\r\n            <div class=\"td-module-image\">\r\n                <div class=\"td-module-thumb\"><a href=\"https:\/\/www.btcmining.academy\/what-is-the-coinbase-transaction-witness-in-bitcoin-mining\/\" rel=\"bookmark\" class=\"td-image-wrap \" title=\"What is the Coinbase transaction witness in Bitcoin mining?\" ><img loading=\"lazy\" decoding=\"async\" class=\"entry-thumb\" src=\"\" alt=\"\" title=\"What is the Coinbase transaction witness in Bitcoin mining?\" data-type=\"image_tag\" data-img-url=\"https:\/\/www.btcmining.academy\/wp-content\/uploads\/2023\/03\/what-is-the-coinbase-transaction-witness-in-bitcoin-mining-300x194.jpg\"  width=\"300\" height=\"194\" \/><\/a><\/div>                \r\n                <a href=\"https:\/\/www.btcmining.academy\/.\/blockchain\/coinbase-transaction\/\" class=\"td-post-category\">Coinbase Transaction<\/a>            <\/div>\r\n\r\n            <h3 class=\"entry-title td-module-title\"><a href=\"https:\/\/www.btcmining.academy\/what-is-the-coinbase-transaction-witness-in-bitcoin-mining\/\" rel=\"bookmark\" title=\"What is the Coinbase transaction witness in Bitcoin mining?\">What is the Coinbase transaction witness in Bitcoin mining?<\/a><\/h3>\r\n            <div class=\"meta-info\">\r\n                                                                            <\/div>\r\n\r\n            \r\n        <\/div>\r\n\r\n        \n\t<\/div> <!-- .\/td-block-span4 -->\n\n\t<div class=\"td-block-span4\">\n\r\n        <div class=\"td_module_mx4 td_module_wrap td-animation-stack td-meta-info-hide td-cpt-post\">\r\n            <div class=\"td-module-image\">\r\n                <div class=\"td-module-thumb\"><a href=\"https:\/\/www.btcmining.academy\/the-risks-of-coinbase-transactions-for-bitcoin-remittance-services\/\" rel=\"bookmark\" class=\"td-image-wrap \" title=\"The Risks of Coinbase Transactions for Bitcoin Remittance Services\" ><img loading=\"lazy\" decoding=\"async\" class=\"entry-thumb\" src=\"\" alt=\"\" title=\"The Risks of Coinbase Transactions for Bitcoin Remittance Services\" data-type=\"image_tag\" data-img-url=\"https:\/\/www.btcmining.academy\/wp-content\/uploads\/2023\/03\/the-risks-of-coinbase-transactions-for-bitcoin-remittance-services-300x194.jpg\"  width=\"300\" height=\"194\" \/><\/a><\/div>                \r\n                <a href=\"https:\/\/www.btcmining.academy\/.\/blockchain\/coinbase-transaction\/\" class=\"td-post-category\">Coinbase Transaction<\/a>            <\/div>\r\n\r\n            <h3 class=\"entry-title td-module-title\"><a href=\"https:\/\/www.btcmining.academy\/the-risks-of-coinbase-transactions-for-bitcoin-remittance-services\/\" rel=\"bookmark\" title=\"The Risks of Coinbase Transactions for Bitcoin Remittance Services\">The Risks of Coinbase Transactions for Bitcoin Remittance Services<\/a><\/h3>\r\n            <div class=\"meta-info\">\r\n                                                                            <\/div>\r\n\r\n            \r\n        <\/div>\r\n\r\n        \n\t<\/div> <!-- .\/td-block-span4 -->\n\n\t<div class=\"td-block-span4\">\n\r\n        <div class=\"td_module_mx4 td_module_wrap td-animation-stack td-meta-info-hide td-cpt-post\">\r\n            <div class=\"td-module-image\">\r\n                <div class=\"td-module-thumb\"><a href=\"https:\/\/www.btcmining.academy\/the-impact-of-coinbase-transactions-on-bitcoins-market-capitalization\/\" rel=\"bookmark\" class=\"td-image-wrap \" title=\"The Impact of Coinbase Transactions on Bitcoin&#8217;s Market Capitalization\" ><img loading=\"lazy\" decoding=\"async\" class=\"entry-thumb\" src=\"\" alt=\"\" title=\"The Impact of Coinbase Transactions on Bitcoin&#8217;s Market Capitalization\" data-type=\"image_tag\" data-img-url=\"https:\/\/www.btcmining.academy\/wp-content\/uploads\/2023\/03\/the-impact-of-coinbase-transactions-on-bitcoins-market-capitalization-300x194.jpg\"  width=\"300\" height=\"194\" \/><\/a><\/div>                \r\n                <a href=\"https:\/\/www.btcmining.academy\/.\/blockchain\/coinbase-transaction\/\" class=\"td-post-category\">Coinbase Transaction<\/a>            <\/div>\r\n\r\n            <h3 class=\"entry-title td-module-title\"><a href=\"https:\/\/www.btcmining.academy\/the-impact-of-coinbase-transactions-on-bitcoins-market-capitalization\/\" rel=\"bookmark\" title=\"The Impact of Coinbase Transactions on Bitcoin&#8217;s Market Capitalization\">The Impact of Coinbase Transactions on Bitcoin&#8217;s Market Capitalization<\/a><\/h3>\r\n            <div class=\"meta-info\">\r\n                                                                            <\/div>\r\n\r\n            \r\n        <\/div>\r\n\r\n        \n\t<\/div> <!-- .\/td-block-span4 --><\/div><!--.\/row-fluid-->\n\n\t<div class=\"td-block-row\">\n\n\t<div class=\"td-block-span4\">\n\r\n        <div class=\"td_module_mx4 td_module_wrap td-animation-stack td-meta-info-hide td-cpt-post\">\r\n            <div class=\"td-module-image\">\r\n                <div class=\"td-module-thumb\"><a href=\"https:\/\/www.btcmining.academy\/the-connection-between-coinbase-transactions-and-bitcoins-proof-of-work-algorithm\/\" rel=\"bookmark\" class=\"td-image-wrap \" title=\"The Connection between Coinbase Transactions and Bitcoin&#8217;s Proof-of-Work Algorithm\" ><img loading=\"lazy\" decoding=\"async\" class=\"entry-thumb\" src=\"\" alt=\"\" title=\"The Connection between Coinbase Transactions and Bitcoin&#8217;s Proof-of-Work Algorithm\" data-type=\"image_tag\" data-img-url=\"https:\/\/www.btcmining.academy\/wp-content\/uploads\/2023\/03\/the-connection-between-coinbase-transactions-and-bitcoins-proof-of-work-algorithm-300x194.jpg\"  width=\"300\" height=\"194\" \/><\/a><\/div>                \r\n                <a href=\"https:\/\/www.btcmining.academy\/.\/blockchain\/coinbase-transaction\/\" class=\"td-post-category\">Coinbase Transaction<\/a>            <\/div>\r\n\r\n            <h3 class=\"entry-title td-module-title\"><a href=\"https:\/\/www.btcmining.academy\/the-connection-between-coinbase-transactions-and-bitcoins-proof-of-work-algorithm\/\" rel=\"bookmark\" title=\"The Connection between Coinbase Transactions and Bitcoin&#8217;s Proof-of-Work Algorithm\">The Connection between Coinbase Transactions and Bitcoin&#8217;s Proof-of-Work Algorithm<\/a><\/h3>\r\n            <div class=\"meta-info\">\r\n                                                                            <\/div>\r\n\r\n            \r\n        <\/div>\r\n\r\n        \n\t<\/div> <!-- .\/td-block-span4 --><\/div><!--.\/row-fluid--><div class=\"clearfix\"><\/div><\/div><\/div> <!-- .\/block --><\/div><\/div><\/div><\/div><\/section>","protected":false},"excerpt":{"rendered":"[vc_column_text]The Coinbase transaction is a special type of transaction that is included in every block added to the Bitcoin blockchain. In this article, we will explore what a Coinbase transaction is in relation to Bitcoin mining and why it is so important to the mining process. The Coinbase transaction is the first transaction in every [...]","protected":false},"author":2,"featured_media":2939,"parent":177,"menu_order":0,"comment_status":"open","ping_status":"closed","template":"page-pagebuilder-title.php","meta":{"om_disable_all_campaigns":false,"_mi_skip_tracking":false,"footnotes":""},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.btcmining.academy\/wp-json\/wp\/v2\/pages\/355"}],"collection":[{"href":"https:\/\/www.btcmining.academy\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.btcmining.academy\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.btcmining.academy\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.btcmining.academy\/wp-json\/wp\/v2\/comments?post=355"}],"version-history":[{"count":6,"href":"https:\/\/www.btcmining.academy\/wp-json\/wp\/v2\/pages\/355\/revisions"}],"predecessor-version":[{"id":962,"href":"https:\/\/www.btcmining.academy\/wp-json\/wp\/v2\/pages\/355\/revisions\/962"}],"up":[{"embeddable":true,"href":"https:\/\/www.btcmining.academy\/wp-json\/wp\/v2\/pages\/177"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.btcmining.academy\/wp-json\/wp\/v2\/media\/2939"}],"wp:attachment":[{"href":"https:\/\/www.btcmining.academy\/wp-json\/wp\/v2\/media?parent=355"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}