Skip to main content
Back

Issuance & mining economics

Bitcoin Mining

Block subsidy, fee share of miner revenue, hashprice, hashrate and the halving epoch that sets the issuance schedule.

Security spend

What a block pays, and what it costs to win one.

connecting
Network hashrate Difficulty
Block subsidy Paid on each of roughly 144 blocks a day
Daily network revenue total across all miners
Hashprice Revenue per petahash per day at current price

Revenue composition

Subsidy today, fees eventually.

Bitcoin’s security budget is currently paid mostly by new issuance. Every halving cuts that half, so the share coming from fees is the number that decides how the network is paid for in the long run.

Last 144 blocks

Loading reward composition…

Window
Total paid to miners
Of which fees
Fee share
Average fees per block
Transactions confirmed

Daily issuance and fees

New coins issued
Fees collected
Fee share of revenue

Daily figures assume the ten-minute target block interval. Actual daily totals vary with real block cadence, which the network corrects at each difficulty retarget.

Who finds blocks

Pool distribution.

Full pool breakdown
Largest pool
· of recent blocks

Loading pool distribution…

Go deeper

The mining picture in parts.