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.
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
kiero
⋅
@gliderfund what conclusion can be derived from this?
Thank you.