Bitcoin miners collectively earned $1.215 billion in October, marking the strongest month since November 2025, though still below November 2025's $1.26 billion. Despite this high monthly revenue, the daily revenue per unit of mining power (hashprice) fell by about 17.54% from $40.24 on October 1 to $33.18 on November 1, reflecting changes in Bitcoin price, transaction fees, and network difficulty. These figures highlight the difference between total network revenue and per-unit mining income, neither of which accounts for operational costs or net profit for individual miners.
Bitcoin miners' revenue reached $1.215 billion in October, the highest since November 2025. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Nov 02, 2026 05:42 WIB: out of 50 major cryptocurrencies, 16 rose and 33 fell. Notable movers include ZIL at Rp34 with a 3.37% drop and 71% sell activity, COTI at Rp181 with a 3.27% rise and 89% buy activity, and THETA at Rp2.839 with a 3.17% drop and 61% sell activity.
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In October 2026, Bitcoin miners earned their highest monthly revenue since November 2025, totaling $1.215 billion, despite a 7.3% drop in Bitcoin's price and a 17.54% decline in mining profitability (hashprice). This paradox occurred because the Bitc...
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