Fee Share of Miner Revenue
- 1M1M
- 3M3M
- 6M6M
- 1Y1Y
- ALLALL
- LinearLinear
- LogLog
About this metric
What it measures
Fee Share of Miner Revenue divides daily transaction fees by total miner revenue, comprising fees plus newly issued block subsidies. The underlying fraction is displayed as a percentage, so 0.01 means 1%, not 0.01 BTC.
How to read it
A high share means users’ fees supply more of miners’ gross income; a low share means issuance dominates. The share reached about 75.44% on April 20, 2024, compared with a full-history median near 1.06%, showing how exceptional a fee-heavy day can be.
The ratio can rise because fees increase or because a halving cuts the subsidy. A high percentage alone does not establish high total revenue or miner profitability, and a brief fee burst does not demonstrate a lasting shift in the network’s security budget.
- Frequency
- Daily (UTC 00:00)
- Asset
- BTC
- Category
- Mining
- Type
- Single value
- Data since
- 2009-01-03
- Latest data
- 2026-10-27
- Data points
- 6,502
FAQ
How is the miner fee revenue share calculated?
Divide transaction fees by transaction fees plus block subsidy revenue for the same day, then multiply by 100. It measures the composition of income rather than the BTC amount of fees.
Can transaction fees exceed the block subsidy?
Yes. The fee share exceeded 50% on April 20, 2024, reaching about 75.44%, so fees provided more revenue than newly issued coins that day.
Does the fee share automatically double after a halving?
No. A halving reduces the subsidy component, but both the numerator and the total-revenue denominator matter. The result also depends on fee demand and how many blocks are mined.
