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Bitcoin

Bitcoin Mining Hashprice Reached $36.55 Per PH/s on Oct. 22

Image: TokenPost

A daily Bitcoin mining benchmark put gross network revenue at $36.55 per petahash per second on Oct. 22, giving cloud-mining buyers a reference point before contract charges. The measure, known as hashprice, counts revenue from the block subsidy and transaction fees. At $36.55 per PH/s per day, 100 terahashes per second (TH/s) corresponds to about $3.66 in gross network revenue for one day. Provider charges sit outside that calculation. A separate fee-inclusive estimate put Oct. 22 hashprice at $37 per PH/s per day, equivalent to $0.037 per TH/s. The estimates use different inputs and methods, so they are not directly interchangeable. Neither figure describes a payout under a particular cloud-mining contract.

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