Coinbase Transaction
The first transaction in a block, which pays the reward.
The coinbase transaction is the special first transaction in every block that creates the block subsidy and pays the block reward to the miner. It has no sender; it mints new coins.
On a pool, the coinbase pays the pool, which then distributes the reward to contributors. It is unrelated to the company of the same name.
Back to the full glossaryReady to start mining?
Pick a coin on the pools overview and open its How to Mine guide for a ready-to-run command.