Data: Bitcoin miners' mining revenue in October reached 1.215 billion USD, a new high in 11 months
According to Bitcoin.com, data from hashrateindex.com shows that the price of Bitcoin hashrate dropped from $40.24/PH/s/day on October 1 to $33.18/PH/s/day on November 1, a decline of 17.54%, closely related to the market turmoil following the Binance hacking incident.
Nevertheless, miners recorded their highest monthly revenue since November 2025 in October. Data from newhedge.io shows that total miner revenue from October 1 to 31 reached $1.215 billion, while the price of Bitcoin fell by 7.3% during the month. Currently, the total hashrate of the Bitcoin network is 1082.24 EH/s, with an average block time of about 9 minutes and 52 seconds. Analysts point out that the market downturn has not significantly hindered mining operations, but the continued compression of profit margins may test miners' financial resilience.