Bitcoin Hashprice Tracker
Live Bitcoin hashprice: what 1 TH/s of mining power earns per day, in US dollars or sats, with its daily history from one month to all time.
Current Bitcoin hashprice: $0.0323 per TH/s per day
What a miner earns per day for every 1 TH/s (one trillion hashes per second) of mining power, before electricity costs.
Log scale: each gridline is 10× the one below.
- Change over 1Y
- −21.8%
- 1Y high
- $0.0428 Nov 10, 2025
- 1Y low
- $0.0278 Jun 6, 2026
- Per PH/s per day
- $32.34 1 PH/s = 1,000 TH/s
- Fees in miner revenue
- 0.6% last 144 blocks, about one day
Over the past year, hashprice fell 21.8%. BTC price fell 25.5%, which pushes hashprice down, and difficulty fell 4.9%, which pushes it up.
Calculated from mempool.space block, fee, difficulty and price data. Updated Nov 8, 2026, 13:42 UTC.
Learn about our methodology →
Methodology
We verify every formula against primary sources, run it on live data, and document each model's assumptions and limits.
Learn about our methodology →
Built and reviewed by Fabio Arcieri
Fabio Arcieri
Founder, Orange Abacus
Bitcoin researcher with a background in economics and a decade in digital marketing. He builds and reviews every calculator on this site against primary sources.
Read full profile →Last reviewed: November 2026
How to read the hashprice tracker
- Current hashprice: what 1 terahash per second (TH/s) of mining power earns per day, from the last 144 blocks and before electricity costs.
- Change over range: the percentage move in hashprice across the selected range.
- High: the highest daily hashprice in the range, with its date.
- Low: the lowest daily hashprice in the range, with its date.
- Per PH/s per day: the same figure for 1 petahash per second (PH/s), equal to 1,000 TH/s.
- Fees in miner revenue: the share of miner revenue from transaction fees over the last 144 blocks, about one day.
- Drivers line: how BTC price, difficulty, and halvings moved hashprice over the range.
- Halving markers: where each halving falls on the chart.
What is Bitcoin hashprice
Bitcoin hashprice is the revenue a miner earns per day for each TH/s of hash power, quoted in dollars or sats.
Hashprice equals block reward times blocks per day times BTC price, divided by network hash rate in TH/s. The block reward is the block subsidy plus transaction fees.
The tracker derives hash rate from mining difficulty rather than measuring it, and prices each day at that day’s BTC price. The inputs are mempool.space block, fee, difficulty, and price data.
Hashprice is revenue before electricity, hardware, hosting, and pool fees, so it doesn’t show whether a given machine is profitable. We report recorded hashprice rather than forecasts, and nothing here is financial advice.
| Term | Meaning |
|---|---|
| Hashprice | Daily miner revenue per 1 TH/s, in USD or sats, before costs. |
| Hash rate | The total computing power securing the Bitcoin network, in hashes per second. |
| TH/s and PH/s | 1 trillion and 1 quadrillion hashes per second. |
| Block subsidy | The new bitcoin created in each block, 3.125 BTC since April 2024. |
| Transaction fees | The fees users pay, collected by the miner of each block. |
| Difficulty | The number that sets how hard a valid block is to find, reset every 2,016 blocks. |
| Halving | The event, every 210,000 blocks, that cuts the block subsidy in half. |
What moves the hashprice of Bitcoin?
- BTC price: USD hashprice rises and falls with it, while sats hashprice ignores it.
- Network hash rate: more miners split the same daily reward, so hashprice falls as hash rate rises.
- Transaction fees: a fee spike lifts the block reward and hashprice with it.
- Halvings: each halving cuts the block subsidy in half, so hashprice falls by up to 50% unless price or fees offset it.
Frequently asked questions
What is a good Bitcoin hashprice?
A good Bitcoin hashprice is one above a miner's own cost per terahash per second (TH/s) per day, so no single level qualifies. Cost depends on machine efficiency and power price. A machine using 20 joules per terahash on $0.05/kWh power spends about $0.024 per TH/s per day on electricity. Hashprice above that leaves margin over power costs, and hashprice below it pushes the least efficient machines offline.Is hashprice the same as mining profit?
Hashprice is not the same as mining profit. Hashprice measures gross revenue per terahash per second (TH/s) per day, before electricity, hardware, hosting, and pool fees. Profit is that revenue minus those costs, scaled to your machine's hash rate. To estimate profit for a specific machine, enter its specifications and electricity rate into the [Bitcoin mining profitability calculator](/bitcoin-mining-profitability-calculator/).Why does hashprice drop after a halving?
Hashprice drops after a halving because the block subsidy is cut in half while network hash rate stays the same. With BTC price, fees, and hash rate unchanged, subsidy income per terahash per second (TH/s) falls 50% at once. Less efficient miners then switch off, difficulty falls at later retargets, and hashprice partly recovers. Fee income softens the initial drop.What is the difference between hashprice and hashrate?
The difference between hashprice and hashrate is that hashprice measures revenue per unit of hash power, while hash rate measures the network's total hash power. Hash rate is counted in exahashes per second (EH/s). Hashprice is quoted per terahash per second (TH/s) per day. When hash rate rises, hashprice falls, because the same block rewards are split across more hash power.Why does the tracker show hashprice in sats as well as USD?
The tracker shows hashprice in sats as well as USD because the two views isolate different drivers. A sat (satoshi) is 0.00000001 BTC. USD hashprice moves with BTC price, difficulty, and fees. Sats hashprice removes BTC price, so it shows whether miners' bitcoin earnings per terahash per second (TH/s) are growing or shrinking, whatever the price does.