Bitcoin block with 11,255 transactions yielded only $180 in fees

On November 9, CoinDesk reported that AntPool mined Bitcoin block No. 974,961, which contained 11,255 transactions. This is the second-highest transaction count in a single block in the network’s history — 984 fewer than the 2015 record. The block itself was mined on November 7.

Despite the record transaction density, total fees amounted to about 240,533 satoshis, or $180 at the BTC price at the time of the estimate. Most of the miner’s reward, approximately $237,000, came from the fixed subsidy of 3.125 BTC.

The next halving is expected in 2028. Such low fees highlight miners’ reliance on the subsidy when demand for paid transactions is weak. Source: CoinDesk and data from the Bitcoin block explorer, November 9, 2026.
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