Bitcoin Mining Revenue Hits 11-Month High Despite Brutal Hashprice Decline

While bitcoin prices have tumbled in the aftermath of the massive $6.3 billion Binance hack, miners closed October with their highest monthly revenue since November 2025. However, the leading crypto asset’s recent price deterioration has taken a considerable toll on mining profitability, with current hashprice figures sitting 17.54% below their levels just 30 days earlier. Bitcoin hashprice is a mining profitability metric that measures the estimated daily revenue generated per unit of computational power , typically expressed in U.S. dollars or satoshis per terahash or petahash per day. On Oct. 1, 2026, each petahash per second (PH/s) of mining power generated an estimated $40.24 in daily revenue, but that figure has since dwindled to $33.18 as of Nov. 1, according to data from hashrateindex.com .

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