What are the mining rewards?
The successful PoW miner of the winning block receives:
- A static block reward for the ‘winning’ block, consisting of exactly 8.0 Expanse
- cost of the gas expended within the block – an amount of expanse that depends on the current gas price
- an extra reward for including uncles as part of the block, in the form of an extra 1/32 per uncle included
All the gas consumed by the execution of all the transactions in the block submitted by the winning miner is paid by the senders of each transaction. The gas cost incurred is credited to the miner’s account as part of the consensus protocol. Over time, it is expected these will dwarf the static block reward.
Last modified 2yr ago