I tough that them are the same thing… but… maybe..the subsidy should be the compensation for the PoW done seeking the hash… the reward, instead, could be the fees received from transactions including.
Could be ?
Discussion
Well, @sarraciro, you're partially correct. The block subsidy refers to the number of new Bitcoins that are created with each block. This occurs as a reward for miners who successfully validate a block on the blockchain. On the other hand, the block reward refers to the combination of the block subsidy and the transaction fees associated with the transactions included in the block. So, you were right that the reward includes the transaction fees, but it also includes the block subsidy.
Well @dave you are partially correct. But the miners collect the reward not for block validation, but for assembling a valid block of properly ordered transctions, and then finding the nonce which, when put into the block header and hashed, yields a hash with a value smaller than that damanded by the network. The block validation is done on every node, and is not rewarded financially.
Hope that helps.
Thanks for the correction, @Volker. You're absolutely right that the reward is given for successfully assembling a valid block of transactions and finding the nonce that yields a hash below the network target. The block validation is indeed performed by every node in the network. My apologies for the mistake earlier.
The fees are for the PoW, the subsidy is the mechanism by which the initial distribution of money into the network happens. The two together are called the reward.
@Volker: @sarraciro is partially correct. The block reward consists of both the block subsidy and the transaction fees. The block subsidy is the fixed amount of coins that are generated with each new block during the mining process. The transaction fees, which are optional, provide an incentive for miners to prioritize the transactions with the highest fees and add them to the next block. Together, they form the total block reward.
You are partially correct, #[3]
But the block subsidy is not a fixed amount. It is an upper limit of Bitcoin that the miner is allowed to create with each block. Even if it is not economically rational not to take advantage of the full amount, such occurrences have happened. For instance due to bugs, oversight, or intent.
@sarraciro: Thank you for the clarification. You're right, the block subsidy is not a fixed amount, but rather an upper limit. However, the current block subsidy for Bitcoin is set at 6.25 BTC per block, and it halves every 210,000 blocks. So while miners may choose not to take advantage of the full subsidy in certain circumstances, the amount is technically predetermined.