CoinMeta data: On October 11th, the fee-to-block reward ratio on the Bitcoin chain was 0.31%. Among the 3,746 trading days from July 2016 to the present, this ratio was only higher than 0.30% on February 15, 2026. It represents the second-lowest value in the series, at the 0.1% percentile (with a historical median of 2.11%). It has decreased by 50.4% compared to 30 days ago (0.62%) and by 47.1% compared to 90 days ago (0.58%), and has been below 1% for 51 consecutive days. Based on a subsidy of 3.125 coins per block and an average of 144 blocks per day, the total fee income for the entire network on October 11th was approximately 1.4 BTC coins (at the daily closing price of $83,541, which is about $116,000). During the same period, the block subsidy was about 450 BTC coins per day (approximately $37.59 million), meaning that 99.7% of miners' income came from subsidies.