Bitcoin Miner Fees Fall to Just 0.64% of Revenue, Analyst Says
- —Fees averaged 0.64% of miner revenue over 30 days, versus 0.65% a week earlier
- —The fee share has remained below 1% since mid-August 2025
- —An Antminer S19 burns $86,700 in electricity per BTC — more than the coin is worth
- —An S21 needs about $44,300 of power per BTC, leaving room for other costs
Why it matters: A sustained return above 1% would signal stronger network activity; for now miners' finances hinge almost entirely on BTC's price.
Source: CryptoPotato