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Percentile (4Y)

Bitcoin Fee Share of Miner Revenue

Fee share of total miner revenue, indicating how fee-driven the security budget is.

About Fees to Total Revenue

Fee Share of Miner Revenue shows what fraction of total miner revenue came from transaction fees over the day. Unlike Fees Relative to Subsidy, it uses the full miner-revenue stack as the denominator, so it measures revenue composition directly.

A rising series means users are funding a larger share of miner income. A low reading means miner payout remains mostly subsidy-driven. It is most informative with Miner Revenue, Transaction Fees, and Fees Relative to Block Subsidy.

The key distinction is compositional. A given fee total can look large against subsidy but still remain a modest share of full miner revenue. This series answers that narrower funding-mix question.

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