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Miner Rewards Volume Share
Mining rewards volume share for Bitcoin
This indicator is helpful to gauge the marginal effect from additional crypto being mined. Since inflation rate has decreased significantly amongst most proof of work blockchains, the percentage that daily mining rewards make out of the total volume has decreased to become almost negligible.
It is worth keeping this indicator in mind to contextualize the selling pressure created from each additional day of mining. While the marginal impact is quite small, higher selling pressure tends to come from existing miner reserves.
Last modified 2yr ago