BitcoinBeginner
Block reward
The Bitcoin block subsidy plus transaction fees that a miner may claim for a valid block.
PLAIN-ENGLISH DEFINITION
In more detail
Two sources make up this reward: newly issued bitcoin and fees from the block's transactions. When people casually say 'the reward halves,' they usually mean the subsidy. Fees can still vary from block to block, so the miner's total permitted reward isn't a fixed number.
IN THE WILD
How you might use it
A miner's coinbase transaction claims the allowed subsidy and the fees from the payments included in that block.

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