Rewards

Contents

• Average Mining Reward (mining_reward_mean)

• Mining Reward Spread (mining_reward_spread)

Average Mining Reward

Definition

The mean mining reward (transaction fees + issuance) of the blocks currently being mined across all major mining pools, in native units (e.g. units of BTC).

Dictionary

Name	MetricID	Unit	Interval
Average Mining Reward	mining_reward_mean	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 mining pools. That enables Coin Metrics to access all data a mining pool constituent would normally see. 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 statistical mean is then calculated.

Available Assets

Bitcoin (BTC)

Sample Query

https://api.coinmetrics.io/v4/timeseries/asset-metrics?api_key=%3Cyour_key%3E&assets=btc&frequency=1m&limit_per_asset=1&metrics=mining_reward_mean&pretty=trueapi.coinmetrics.io

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	Unit	Interval
Mining Reward Spread	mining_reward_spread	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

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=trueapi.coinmetrics.io

API Endpoints

metrics can be accessed using these endpoints:

• timeseries/asset-metrics

and by passing in the metric ID's mining_reward* in the metrics parameter.

Asset metrics

Returns requested metrics for specified assets. Results for block by block metrics (1b frequency) are ordered by tuple (asset, height, block_hash), all other metrics are ordered by tuple (asset, time). You can change the sorting using sort query parameter. Supported output formats are json (default) and csv, use format query parameter to override it. To fetch the next page of results use next_page_url JSON response field or x-next-page-url CSV HTTP header if present. If multiple metrics are requested in the same time the strict policy for partially available metrics among requested ones is applied:

GEThttps://api.coinmetrics.io/v4/timeseries/asset-metrics

Authorization

api_key

Query parameters

Response

200400401403414

Time series of metrics for an asset.

Body

application/jsontext/csv

data*any

next_page_tokenNextPageToken (string)

Token of the next page results for a given request.

next_page_urlNextPageUrl (string)

URL of the next page results for a given request.

Response

200400401403

{
  "next_page_token": "text",
  "next_page_url": "text"
}

Shell

curl --compressed "https://api.coinmetrics.io/v4/timeseries/asset-metrics?metrics=mining_reward_mean&assets=btc&pretty=true&api_key=<your_key>"

Python

import requests
response = requests.get('https://api.coinmetrics.io/v4/timeseries/asset-metrics?metrics=mining_reward_mean&assets=btc&pretty=true&api_key=<your_key>').json()
print(response)

Python Client

from coinmetrics.api_client import CoinMetricsClient

api_key = "<API_KEY>"
client = CoinMetricsClient(api_key)

print(
    client.get_asset_metrics(
        metrics="mining_reward_mean", 
        assets="btc",
    ).to_dataframe()
)