> For the complete documentation index, see [llms.txt](https://hub.bsvblockchain.org/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://hub.bsvblockchain.org/wiki/mining-and-consensus/mining/miner-subsidy.md). # Miner subsidy The Miner subsidy is the means by which all tokens on the network are initially distributed. The subsidy is paid to compensate early Miners for the lack of Transaction fees being paid by users of the network. For the first 210,000 blocks successful Miners can claim a subsidy of 50 bitcoins, however after each subsequent 210,000 blocks, the subsidy drops by half, eventually falling to zero after 32 'Halving' cycles. The Miner subsidy was never intended to be the primary income mechanism for Miners, but instead was a means to both bootstrap investment in the network and to broadly distribute the currency units in a fair and transparent manner. --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter: ``` GET https://hub.bsvblockchain.org/wiki/mining-and-consensus/mining/miner-subsidy.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.