BTC Fee % of Reward: 75.16%
What share of miners' daily pay comes from transaction fees rather than from new coins. A rising share means people are genuinely competing for room in blocks.
Miners get paid two ways: new coins created by Bitcoin's rules, and fees users add to get their payment into a block. This is the fee part expressed as a percentage of the two added together.
Normally fees are a small slice. For example, 3% means new coins provided 97% of miner pay that day, so fees barely mattered.
A day **above** 20% means the network was jammed and people were bidding hard for space. This matters long term: the new-coin part halves every four years, so fees eventually have to carry mining, and this line tracks how far along that shift is.
In words: the day's fees divided by the day's fees plus the day's new-coin payout, shown as a percentage.
The new-coin payout comes from Bitcoin's published halving schedule, so that half of the calculation is exact; the fee figure is blockchain.com's daily total. One value per calendar day.
blockchain.com daily total transaction fees, stored in our own database (2009 to today) and refreshed hourly. Nothing is fetched from another site when you open this chart.
Our own calculation from blockchain.com daily fees, 2009 to today — nothing is fetched from another site when you open this chart