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What Is This Chart Showing?

Bitcoin miners currently generate revenue from two sources:

  1. Transaction fees
  2. Mining rewards

This chart combines both of those sources of revenue to show the total revenue earned by bitcoin miners over time.

Fees are earned when a miner successfully validates a block. The miner earns all the transaction fees from the transactions in that block.

The miner then also receives a mining reward of newly minted bitcoins.

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Bitcoin miner revenues earned from fees.

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