BTC: Spendable Coinbase Outputs Created — Value

Bitcoin Spendable Coinbase Outputs Created — Value was 421.43 BTC on 7 Nov 2026 (latest daily value).

The value, in BTC, of the new outputs Bitcoin miners' reward transactions created in each hour or day: the subsidy plus the fees they claimed.

Why use it. It is what miners were paid on-chain in the period. How to read it. Each period adds up all reward outputs, rewards still in their 100-block waiting period included. The genesis reward and unspendable outputs are left out; it says nothing about miners' reserves.

Calculation. Exact definition: The BTC value of spendable coinbase outputs created in each UTC hour or day, from our exact unspent coinbase-output ledger. Each point sums exact output values across the whole UTC period; it is not a snapshot. Values include subsidy and actual claimed fees, and immature outputs are included. Genesis and provably unspendable coinbase outputs are excluded from the stock, and the ledger removes two canonical BIP30 overwritten outputs; both have separate charts. This does not measure miner reserves, ownership or entities. Sum the BTC value of spendable coinbase outputs created across the entire UTC period in our exact unspent coinbase-output ledger. Coinbase outputs include subsidy and actual claimed fees, including immature outputs; genesis and provably unspendable scripts are excluded from the stock, and two canonical BIP30 overwritten outputs are removed. Built from locally validated Bitcoin Core mainnet data.