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mining-reward-spread.md

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Mining Reward Spread

Definition

The difference between the highest and lowest miner reward of the blocks being mined by the major mining pools.

Dictionary

Name MetricID Category Sub-category Type Unit Interval
Mining Reward Spread mining_reward_spread KRI Mining Pools Delta Native units 1m

Methodology

Coin Metrics collects data from major mining pools through the Stratum protocol, a popular software used by individual miners to connect to pools. That enables Coin Metrics to access all data an individual constituent of a mining pool would normally receive. In order to compute this metric, the coinbase transactions of all blocks currently being worked on by major mining pools are aggregated and assessed. The difference between the highest and lowest coinbase transaction is then calculated.

Available Assets

Bitcoin (BTC)

Sample Query

{% embed url="https://api.coinmetrics.io/v4/timeseries/asset-metrics?api_key=%3Cyour_key%3E&assets=btc&frequency=1m&limit_per_asset=1&metrics=mining_reward_spread&pretty=true" %}