Coinbase

noun

noun ·Rare ·Advanced level

Definitions

Noun
  1. 1
    The transaction that is automatically created in every Bitcoin block to reward the miner.

    "The transaction that created new Bitcoins would be referred to as the coinbase of each block."

Example

More examples

"The transaction that created new Bitcoins would be referred to as the coinbase of each block."

Etymology

From coin + base.

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Data sourced from Wiktionary, WordNet, CMU, and other open linguistic databases. Updated March 2026.