Bitcoin miner daily revenue per unit falls 8.7%
BROBROK News · Based on reporting by CryptoSlate ·
Bitcoin’s hashprice dropped 8.7% week over week to $32.86 per PH/s/day in the November 2 snapshot. Forward market data pointed to little network growth through December, but miners still face pressure from higher difficulty and operating costs.
Key points
- Hashprice fell from $35.99 to $32.86 per PH/s/day in one week.
- Luxor’s forward analysis implied roughly flat network growth through December.
- Bitcoin difficulty rose 16.4% after the October 29 adjustment.
- Forward hedges can steady revenue rates, but not electricity costs or delivery risk.
- BTC price, fees and block subsidy still affect unhedged mining revenue.
Why it matters
A steadier network does not automatically restore mining profitability if Bitcoin price or fees weaken. The story highlights how miners can still face margin pressure even when network competition stops rising quickly.
Original headline: “Bitcoin miners’ daily revenue per unit of computing power falls 8.7%”
Read the original on CryptoSlate
Summary and analysis written by BROBROK News from the original report. Read the full story on the source website. Not investment advice.