BTC Block Reward: 36.32M
Miner pay for the day from newly created coins, before transaction fees. Bitcoin's rules cut this payout in half roughly every four years, which is why the line drops off a cliff at each halving.
The part of a miner's daily income that comes from brand-new coins, as opposed to the fees users pay. It is the fixed reward per block multiplied by the blocks found that day.
The shape matters more than the exact value: a flat stretch, then an overnight drop of half, then flat again. For example, at 3.125 ₿ per block and about 144 blocks a day, roughly 450 ₿ of new coins are paid out daily; the next halving cuts that to about 225 ₿ a day overnight, halving miners' main income source in one step.
That is the moment miners with expensive electricity get squeezed.
Taken from the upstream feed as miners' total daily income with transaction fees removed, so what is left is the new-coin part.
The upstream feed supplies miners' total income in US dollars while the fee figure it subtracts is in bitcoin, so the number on this chart mixes two units and should not be read as an exact dollar or bitcoin amount. Use Miner Revenue for miner income in dollars and Total Fees for fees in bitcoin; read this chart for the halving shape **only**.
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