According to Foresight News, Bitcoin.com reports that since July 1, the average transaction cost on the Bitcoin network has remained below $2. Specifically, the average fee is 0.000026 BTC, approximately 15.5 sat/vB or $1.54, while the median fee stands at 0.000013 BTC, around 7.6 sat/vB or $0.753. These lower fees, coupled with a decline in asset value, have significantly impacted hash output rates. Currently, the value per hash output is below $50, standing at $48.62 per PH/s, indicating that Bitcoin miners continue to face substantial pressure.
Bitcoin Transaction Fees Remain Low Amidst Miner Pressure
![](https://public.bnbstatic.com/image/pgc/202211/ff39a105a210ecd0a61407a69ad82dbd.jpg)
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