Bitcoin Aggregate Security Spend (Thermocap)

https://newhedge.io/api/v2/metrics/aggregate-security-spend/thermo_cap

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Cumulative sum of all block rewards paid to miners, valued in US Dollars at the time of block production

Latest Aggregate Security Spend snapshot

https://newhedge.io/api/v2/metrics/aggregate-security-spend/thermo_cap

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API access is available on Pro or Advanced.

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Aggregate Security Spend

$92.24B

Last Updated

8 hours

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What is Bitcoin Thermocap?

Thermocap is calculated by summing the total USD value of all block rewards and transaction fees earned by miners since Bitcoin’s inception. It reflects the cumulative “thermodynamic cost” of producing Bitcoin over time.