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mining theory – How to create coinbase? How to use witness?

Moussa by Moussa
January 2, 2026
in Bitcoin
0
How do Bitcoin mining pools typically handle payout frequency versus thresholds?
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BIP141 adds a new rule called “witness commitment”. The document says: “The commitment is recorded in a scriptPubKey of the coinbase transaction.” I didn’t quite understand what that meant, Therefore, I directly placed the ‘default_witness_commitment’ provided by the block template in the scriptPubKey location when creating coinbase. Here’s my code:

def makeCoinbase()->None:
    global coinbase,tmpl
    version=pack('

The variable tmpl is the template obtained using the “getblocktemplate” command.I’m testing my code in regtest. When I submit a block, Bitcoin Core does create a new block. And my balance did go up.
However, when I checked coinbases in the newly generated block, the result was as follows:

{
    'txid': '9cb794f3292d1ece3af6c1d3055cf6fb26cf2126ff48b39b229bfec5ec651ec4', 
    'hash': 'de081b2a9552ac559d3501ed0669f675530fe9890e27d263c1aff65e678ddc4e', 
    'version': 1, 
    'size': 153, 
    'vsize': 126, 
    'weight': 504, 
    'locktime': 0, 
    'vin': [{
        'coinbase': '016c54686520477265617420476f642050616e', 
        'txinwitness': ['0000000000000000000000000000000000000000000000000000000000000000'], 
        'sequence': 4294967295}], 
    'vout': [{
        'value': Decimal('50.00063100'), 
        'n': 0, 
        'scriptPubKey': {
            'asm': 'OP_RETURN aa21a9edb14717ddf39dacad0babfff4d8d951c076e95d11d2b1f328632c32f98c015d2c', 
            'desc': 'raw(6a24aa21a9edb14717ddf39dacad0babfff4d8d951c076e95d11d2b1f328632c32f98c015d2c)#psf60z3m', 
            'hex': '6a24aa21a9edb14717ddf39dacad0babfff4d8d951c076e95d11d2b1f328632c32f98c015d2c', 
            'type': 'nulldata'
        }
    }], 
    'hex': '010000000001010000000000000000000000000000000000000000000000000000000000000000ffffffff13016c54686520477265617420476f642050616effffffff017ce8062a01000000266a24aa21a9edb14717ddf39dacad0babfff4d8d951c076e95d11d2b1f328632c32f98c015d2c0120000000000000000000000000000000000000000000000000000000000000000000000000'
}

As you can see, it contains only one vout. And that vout does not contain address. But I look at coinbase for blocks in the main network, and it always contains more than one vout, and the vout contains the address.My question is am I building coinbase the right way? If not, how do I fix it? Although the Bitcoin core did not report errors, I always suspected that I had lost the miner’s address.



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How do Bitcoin mining pools typically handle payout frequency versus thresholds?

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