Not really. Most block formation and coinbase is not controlled by the miners at all, but by the mining pools.
At any rate. When a block is mined, it is broadcast out to the nodes on the network for them to validate in retain in their copy of the chain. If the mining pools included a transaction that is outside of the consensus rules the nodes are enforcing, then the nodes will reject that block. They simply will refuse to add it to their copy of the chain. One of the consensus rules they enforce is the amount of new Bitcoin included in the coinbase. If miners, via their mining pools, try to award themselves more than what the nodes are enforcing, the nodes simply won't accept that block.
So long as the nodes won't accept blocks with an inflated supply, then mining pools won't run code that tries to award miners more Bitcoin, because they don't get paid at all if the nodes reject their blocks. They only get paid for blocks the nodes are willing to accept as valid.
Dikaios1517
npub1ku…v3lhe
2025-05-29 19:54:15
in reply to nevent1q…5v45
Author Public Key
npub1kun5628raxpm7usdkj62z2337hr77f3ryrg9cf0vjpyf4jvk9r9smv3lhePublished at
2025-05-29 19:54:15Event JSON
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"content": "Not really. Most block formation and coinbase is not controlled by the miners at all, but by the mining pools.\n\nAt any rate. When a block is mined, it is broadcast out to the nodes on the network for them to validate in retain in their copy of the chain. If the mining pools included a transaction that is outside of the consensus rules the nodes are enforcing, then the nodes will reject that block. They simply will refuse to add it to their copy of the chain. One of the consensus rules they enforce is the amount of new Bitcoin included in the coinbase. If miners, via their mining pools, try to award themselves more than what the nodes are enforcing, the nodes simply won't accept that block.\n\nSo long as the nodes won't accept blocks with an inflated supply, then mining pools won't run code that tries to award miners more Bitcoin, because they don't get paid at all if the nodes reject their blocks. They only get paid for blocks the nodes are willing to accept as valid.",
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