Miners are paid in two ways for each block they add: newly created coins, which halve about every four years, and the fees users attach to transactions. This post shows, for every year since 2011, how much came from each, and what share fees made up.
Data as of · 16 years, 2011 to Oct 26, 2026 · new coins from the block-by-block supply, fees from Blockchain.com's daily totals
| Year | New coins (BTC) | Fees (BTC) | Fee share | Subsidy at year-end (BTC) | Halving in year |
|---|---|---|---|---|---|
| 2011 | 2,981,350 | 3,087 | 0.10% | 50 | No |
| 2012 | 2,612,225 | 6,797 | 0.26% | 25 | Yes: Nov 28 |
| 2013 | 1,585,825 | 15,275 | 0.95% | 25 | No |
| 2014 | 1,471,625 | 4,637 | 0.31% | 25 | No |
| 2015 | 1,358,025 | 8,200 | 0.60% | 25 | No |
| 2016 | 1,045,862 | 22,556 | 2.11% | 12.5 | Yes: Jul 9 |
| 2017 | 699,100 | 100,371 | 12.55% | 12.5 | No |
| 2018 | 681,225 | 25,705 | 3.64% | 12.5 | No |
| 2019 | 677,900 | 19,788 | 2.84% | 12.5 | No |
| 2020 | 453,319 | 26,310 | 5.49% | 6.25 | Yes: May 11 |
| 2021 | 329,288 | 21,462 | 6.12% | 6.25 | No |
| 2022 | 332,425 | 5,375 | 1.59% | 6.25 | No |
| 2023 | 337,494 | 23,432 | 6.49% | 6.25 | No |
| 2024 | 217,772 | 15,192 | 6.52% | 3.125 | Yes: Apr 20 |
| 2025 | 165,881 | 1,711 | 1.02% | 3.125 | No |
| 2026 (to Oct 26) | 134,288 | 852 | 0.63% | 3.125 | No |
New coins = the change in total bitcoin supply over the year.2 Fees = the sum of daily totals of transaction fees, in BTC.3 Fee share = fees ÷ (new coins + fees). Subsidy at year-end = the per-block subsidy in force on Dec 31 (Oct 26 for 2026). Observed facts, not a forecast.
Each block creates new bitcoin for the miner who finds it, called the block subsidy. It began at 50 coins and is cut in half every 210,000 blocks, a rule written into Bitcoin’s software.1 It has halved four times so far: on Nov 28, 2012, Jul 9, 2016, May 11, 2020 and Apr 20, 2024.4567 It is now 3.125 coins a block. Total supply stood at 20,104,103 coins at the end of Oct 26, 2026.2
Each transaction can include a fee that goes to the miner of the block that confirms it. Blockchain.com publishes the total fees per day in bitcoin.3 For scale, mempool.space reports that the latest 144 blocks, about a day’s worth, paid miners a total reward of 452.01 BTC, of which fees were 2.01 BTC.8
The fee share was 6.49% in 2023 (23,432 BTC of fees) and 6.52% in 2024 (15,192 BTC), the year of the April halving. It fell to 1.02% in 2025 (1,711 BTC) and stands at 0.63% in 2026 so far (852 BTC).32 For the highest individual days, see bitcoin’s highest-fee days.
The software halves the subsidy again at block 1,050,000. The chain tip was at block 973,571 on Oct 28, 2026, so 76,429 blocks remained.81 The table does not say when that will be reached. For past halvings, see bitcoin’s halvings, explained.
Fees are counted in bitcoin, so the table says nothing about their value in dollars, and a year’s total depends on how many transactions were sent and the fee each one chose. Miners’ costs are not in it either. It describes what was paid, not what miners earned in profit.
GetBlockSubsidy in src/validation.cpp (“Subsidy is cut in half every 210,000 blocks”; the starting subsidy is 50 coins) and nSubsidyHalvingInterval = 210000 in src/kernel/chainparams.cpp, retrieved 2026-10-28.For information only. Not financial advice. See the terms of use.