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Bitcoin miners’ daily revenue per unit of computing power falls 8.7%

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Bitcoin miners’ daily revenue per unit of computing power falls 8.7%

Hashprice fell from $35.99 to $32.86 per PH/s/day in the November 2 weekly snapshot; October 30 forwards implied little network growth through December.

Bitcoin miners face weak dollar revenue even as the mining forward market priced in little additional competition through December, according to an October 30 analysis by mining data platform Hashrate Index. That could give miners a respite after difficulty’s 16.4% rebound.

Hashprice, the expected daily mining revenue for a unit of computing power, stood at $32.86 per petahash per second per day on November 2 at 18:00 UTC. That was down 8.7% from $35.99 a week earlier, according to the latest completed weekly snapshot.

Hashrate Index, Luxor’s mining data and research platform, put implied network computing power at 1,056 exahashes per second in November and 1,059 in December in its October 30 analysis. Both were near the approximately 1,062 EH/s average over the mining epoch that ended October 29.

Those are forward-implied levels, rather than observed future hashrate or scheduled difficulty changes. The linked September methodology assumes transaction fees of about 0.02 BTC per block when translating contract prices into implied network growth. Different fee outcomes can therefore change that interpretation.

The curve’s flattening followed a rise in difficulty from 127.45 trillion before September 19’s adjustment to 148.36 trillion on October 29. A pause would leave miners competing at that elevated level.

04 per PH/s/day for November through April 2027. This is an indicative revenue benchmark for that period, with actual execution dependent on agreed contract terms.


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