Bitcoin Transaction Fees as a % of Block Subsidy

12 PM06 PMJun 1606 AM24681012141618Percentage of Block Reward

This metric shows what percentage of Bitcoin mining rewards come from Bitcoin transaction fees. Bitcoin transaction fees as a share of Bitcoin block rewards is an important metric to miners because it impacts hashprice (how much revenue the miner can extract from its hashrate). In times of network congestion, Bitcoin transaction fees as a percentage of block reward will tend to increase because Bitcoin users increase their fees to speed up transactions. This results in larger rewards for Bitcoin miners.