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The network activity within the Bitcoin blockchain has reached its lowest levels in 13 years, as reported by the BitInfoCharts platform. According to the resource, this spring, the number of daily active addresses fluctuates between 80,000 and 120,000 — the last time such figures were recorded was in the fall of 2013.
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This metric reflects only transactions conducted directly on the network. It does not account for the movement of funds within cryptocurrency exchanges and other platforms, meaning off-chain transactions, as clarified by RBC journalists.
The decline in active addresses is accompanied by a decrease in transaction fees and mining profitability. Since February, the average transaction fee in Bitcoin has not exceeded $1. On Sunday, April 5, the figure hit an all-time low of $0.149. On Tuesday, April 7, the average fee was $0.325.
Regarding mining, the reward for adding a new block currently stands at 3.125 BTC — this will remain the case until approximately spring 2028. Consequently, miners’ revenues are increasingly reliant on transaction fees included in the block. However, the share of fees in miners’ rewards is steadily declining. A year ago, it averaged around 1–1.5%, while this April it is between 0.3–0.6%, as calculated by RBC.
As a result, the current daily profitability is merely $0.0308 per terahash per second. In comparison, at its peak in July 2025, this figure reached $0.668 for the same unit of computational power.
Previously, the American mining company Riot Platforms announced the sale of 3,778 BTC for a total of $289.5 million. In the last week of March, other major mining firms — MARA Holdings, Genius Group, and Nakamoto Holdings — collectively sold 15,501 BTC.
The Canadian crypto miner Bitfarms has even announced a business transformation — the company plans to focus on AI development and data center construction. The common reason for these changes is the decline in Bitcoin mining profitability.
