Bitcoin miners' fee share falls to 0.31%, second-lowest since 2016
- —Fees made up 0.31% of miner revenue on October 11, down 50.4% from 30 days earlier
- —Block subsidies supplied 99.7% of income, with fees at roughly 1.4 BTC per day
- —Fee share has held below 1% for 51 straight days; median since 2016 is 2.11%
- —Record highs: 43.57% on Dec 22, 2017, and 75.44% on Apr 20, 2024
Why it matters: Weak fee revenue deepens miners' reliance on the block subsidy, raising post-halving pressure on margins and network security.
Source: TokenPost