In Bitcoin, how do miners receive their reward?
A. Through the last transaction in a block
B. It is sent to them by Bitcoin owners
C. None of the above
D. Through the coinbase transaction
Answer:D
In Bitcoin, how do miners receive their reward?
A. Through the last transaction in a block B. It is sent to them by Bitcoin owners C. None of the above D. Through the coinbase transaction
Explanation: The coinbase transaction is not only used to reward miners for their efforts but is also used to pay them for processing transactions. This transaction is unique because it has no inputs. It is the first transaction in a block.