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比特币:恢复与闪电网络

Bitcoin coinbase maturity: why a new mining reward cannot move immediately

A consensus waiting period for mining outputs is distinct from ordinary payment confirmations.

更新于 2026 年 9 月 30 日 · MASTR Labs

文章正文和技术图表为英语,导航提供 7 种语言。

参考指南
  1. The special transaction in a block
  2. Why the distinction matters
  3. Read the height, not just the balance
  4. Reporting mining proceeds
  5. 具体示例
  6. 来源与原始资料

The special transaction in a block

A Bitcoin block begins with a coinbase transaction that creates the miner’s reward outputs within the allowed subsidy and fee rules. ‘Coinbase’ here is a protocol term, unrelated to the exchange of the same name. These outputs have a consensus maturity restriction: a spend must be in a block at least 100 heights after the block that created them. 1

Why the distinction matters

A reorganisation can remove a block from the accepted chain. Its newly created reward outputs then disappear with it. The maturity rule provides a buffer before those outputs can enter subsequent spending chains. It does not eliminate every reorganisation risk, and it is not a universal requirement that all Bitcoin deposits wait 100 blocks. Ordinary payments spend previously existing outputs and follow different confirmation considerations. 2

Read the height, not just the balance

An explorer or wallet may show an immature reward as part of an observed balance while excluding it from spendable funds. This is not necessarily a withdrawal freeze. Ask whether the output is a coinbase output, what height created it and whether the proposed spending block satisfies the rule. A pool’s account balance is another layer: pool payout policies need not mirror the maturity of any particular output.

Reporting mining proceeds

Separate the block’s reward, the reward’s maturity and an eventual pool payout in a mining report. A chart that collapses all 3 into ‘cash received today’ mixes consensus rules with a business relationship. Record the relevant transaction and block, and identify whether the miner directly controls the reward output or is instead owed a payout by a pool.

Mining reward: created is not yet spendable
解释性图表。点击查看完整尺寸。 Credits ↗ Illustrative heights. Other validity requirements still apply.

具体示例

If a reward output is created at height 900,000, a transaction spending it can be included at height 900,100 or later. A wallet’s displayed confirmation count may use a different starting convention. The height difference is the unambiguous rule in this example.

来源与原始资料

  1. Bitcoin Core: consensus parameters
  2. Bitcoin developer guide: block chain

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