BTC Cost per Transaction Percent
Bitcoin
Total miner revenue as a percentage of the value actually moved on-chain that day.
Why it matters
It asks whether the security budget is proportionate: how much the network pays to protect each dollar it settles.
How it is built
Miner revenue divided by change-adjusted transaction volume, both in USD. It inherits the change heuristic's uncertainty, and the subsidy dominates the numerator, so read the trend rather than any single day's level.
What to watch
This is the ratio that decides whether the security model scales. A high percentage means the chain is expensive relative to what it moves; a falling percentage means settlement is growing faster than the cost of protecting it. Sustained rises without a matching rise in transferred value are the quiet warning that security is being funded by issuance rather than by use.
Measured on this chain
BTC Cost per Transaction Percent on Bitcoin last read 0.3111 on Sep 22, 2026, a change of -46.55% over 30 days, ranging from 0.1306 (Jul 5, 2024) to 4.8 (Oct 7, 2018).
- Latest reading
- 0.3111
- Sep 22, 2026
- Change
- 1d -63.22%
- 30d -46.55%
- 90d -75.55%
- 1y -41.95%
- Range
- Low 0.1306·Jul 5, 2024
- High 4.8·Oct 7, 2018
- Coverage
- Dec 15, 2017 — Sep 22, 2026
- 800 readings
| Date | Value |
|---|---|
| Aug 9, 2026 | 0.5694 |
| Aug 13, 2026 | 0.6078 |
| Aug 17, 2026 | 0.5353 |
| Aug 21, 2026 | 0.6927 |
| Aug 25, 2026 | 0.5256 |
| Aug 29, 2026 | 1.96 |
| Sep 2, 2026 | 0.4942 |
| Sep 6, 2026 | 0.8156 |
| Sep 10, 2026 | 0.6351 |
| Sep 14, 2026 | 0.5332 |
| Sep 18, 2026 | 0.8458 |
| Sep 22, 2026 | 0.3111 |
Read from our own stored series, not quoted from a page.