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!