Miner Rewards
Last updated
Last updated
Miner Rewards track revenues generated by miners from transaction fees and the block subsidy. Transaction fees refer to the dynamic fee charged on a blockchain transfer, while the block subsidy is the reward miners earn from issuance of the blockchain’s native token.
Miner Rewards can be shown in aggregate in crypto terms, but also as a percentage of the total distribution made up by both types of rewards.
Miner rewards are useful to understand how much value is being created by miners, at least in terms of how much they are earning. This indicator also provides insights into the activity of a blockchain.
An increase in transaction fee revenues indicates high blockchain activity from the part of users. When blockchain activity is low, the proportion of mining revenue coming from transaction fees declines.
