Bitcoin miners earned $1.215 billion in October, their highest monthly revenue since November 2025. Hashprice now sits 17.54% below its level 30 days earlier, which tightens profit margins.
Miners collectively generated $1.215 billion between Oct. 1 and Oct. 31, according to newhedge.io data. That is their most lucrative month since November 2025, even though bitcoin's price fell 7.3% in October. November 2025 logged $1.26 billion, and December 2025 came in at around $1.20 billion.
Hashprice falls 17.54% in 30 days
Hashprice measures the estimated daily revenue generated per unit of computational power. On Oct. 1, 2026, each petahash per second of mining power generated an estimated $40.24 in daily revenue, according to hashrateindex.com. That figure has since dropped to $33.18 as of Nov. 1.
Bitcoin.com News links the 17.54% decline to the Binance hack and the market turmoil that followed. Even so, the network hashrate stands at 1082.24 exahash per second, with average block times around 9 minutes 52 seconds.
Exchange hacks leave block issuance intact
The source argues that exchange security failures primarily unsettle market sentiment, erode liquidity and weaken investor confidence, yet they leave Bitcoin's predetermined block issuance schedule intact. The broader downturn has yet to significantly impede mining operations, although compressed margins could eventually test miners' financial resilience.
Mining economics also follow a cyclical pattern. Deteriorating hashprice pushes inefficient machinery out of operation, difficulty adjustments then ease the financial pressure, and the remaining miners secure a larger share of block rewards.
Source: Bitcoin News
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