gliderfund

Bitcoin Cost per Transaction (USD)

The Bitcoin Cost per Transaction (USD) is the result of dividing the miners' revenue (Block Reward + Transaction Fees) between the number of transactions per block.

Here is an example with made up numbers:
  • Block reward is 12.5 BTC + 0.5 BTC in transaction fees.
  • There are 2700 transactions in the block.
  • Current exchange rate is 5700 USD/BTC.
  • (12.5 BTC + 0.5 BTC ) / 2700 transactions = 0.00481481 BTC per transaction
  • 5700 USD/BTC * 0.00481481 BTC per transaction = $27.44 per transaction

Hope that helps!
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BTC: 3MJZa4KUPPrEWrEmWxJyCtpEAAtveUhrW8
The cost per transaction tends to take previous highs in sync with cycle peaks. It could be used as a fundamental tool to contrast the health of the network with the price reality
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@gliderfund what conclusion can be derived from this?
Thank you.
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