BTC Mining Profitability Slumps as Hashprice Falls to Multi-Month Low
Bitcoin mining profitability is declining as hashprice drops to $43.1 PH/s due to price correction, low fees, and record hash rate.Summary
Bitcoin mining profitability has significantly slumped, with the hashprice falling to $43.1 per petahash/second (PH/s), its lowest level since April. This decline is driven by Bitcoin's recent price correction of about 20% from its October high to $104,000, persistently low transaction fees (around 4 sat/vB for high-priority transactions), and a record-high network difficulty adjustment of 156 trillion (T). Despite these pressures squeezing margins, the network hash rate remains near all-time highs, exceeding 1.1 zettahashes per second (ZH/s). Consequently, Bitcoin miners are increasingly pivoting toward AI and high-performance computing (HPC) data center operations to secure more stable, long-term revenue streams outside the volatile crypto market.
(Source：CoinDesk)