Miner Fees
What Is Miner Fees?
The total transaction fees paid to miners by users sending Bitcoin transactions. Reflects urgency of transactions and demand for block space.
How to Interpret
Rising fees indicate strong demand for block space — bullish for adoption. Fee spikes during market volatility show high urgency to transact. Low fees may indicate reduced activity.
More Network Adoption Metrics
Active Addresses
The number of unique Bitcoin addresses that were active (either sending or receiving) on a given day. A proxy for daily network usage and user engagement.
Script Types
Analysis of Bitcoin transaction types by script format (P2PKH, P2SH, P2WPKH SegWit, P2TR Taproot). Shows the adoption rate of newer, more efficient transaction formats.
Transaction Momentum
Compares short-term and long-term moving averages of daily transaction count. Identifies whether network activity is accelerating or decelerating relative to its trend.
Transfer Volume
The total USD value of Bitcoin transferred on-chain during a given period. Measures the economic throughput of the Bitcoin network.