Miner rewards are the incentives given to individuals or groups who validate and confirm transactions on a blockchain network. These rewards are crucial for maintaining the security and integrity of the network.When miners successfully solve complex mathematical problems, they add a new block of transactions to the blockchain. In return for their efforts, they receive a reward, typically in the form of newly created coins. This process is often referred to as “mining.”In addition to newly minted coins, miners also collect transaction fees from the transactions included in the block. This combination of block rewards and transaction fees provides a financial incentive for miners to continue their operations, ensuring the network remains active and secure.The size of the block reward can vary by cryptocurrency and often decreases over time, a process designed to control supply and reduce inflation. Overall, miner rewards play a critical role in encouraging participation and maintaining the overall health of the blockchain network.