Bitcoin miners brought in $1.215 billion in October, the highest level in 11 months

Bitcoin miners brought in $1.215 billion in October, the highest level in 11 months

N
News Editor
2026-11-01 22:37:54
Bitcoin miners generated $1.215 billion in revenue in October, marking the strongest monthly total since November 2025. The figure came even as Bitcoin’s price fell 7.3% during the month, leaving miner revenue still slightly above the roughly $1.2 billion recorded in December 2025. Data cited by Bitcoin.com News also showed that hashprice, a metric used to estimate daily income per unit of computing power, declined over the period. As of Nov. 1, hashprice stood at $33.18 per PH/s per day, down 17.54% from $40.24 on Oct. 1. At the same time, the Bitcoin network’s total hashrate was 1082.24 EH/s, while average block time was about 9 minutes and 52 seconds. For comparison, miner revenue in November 2025 was reported at $1.26 billion. The update points to a month in which miner income rose to an 11-month high despite weaker Bitcoin pricing and lower hashprice.

Bitcoin miners posted $1.215 billion in mining revenue in October, the highest monthly level since November 2025, according to Bitcoin.com News.

Bitcoin’s price fell 7.3% during the month, but miner revenue still came in above the roughly $1.2 billion recorded in December 2025. For comparison, miner revenue in November 2025 was $1.26 billion.

As of Nov. 1, Bitcoin hashprice stood at $33.18 per PH/s per day, down 17.54% from $40.24 on Oct. 1. Hashprice is used to measure estimated daily revenue for each unit of computing power.

The Bitcoin network’s hashrate was 1082.24 EH/s, and average block time was about 9 minutes and 52 seconds.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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