Bitcoin Hashprice Today
Hashprice is the single most watched number in Bitcoin mining: how many dollars one petahash per second earns in a day.
What hashprice means
Hashprice converts the entire economics of Bitcoin mining into one number: the expected daily revenue of one petahash per second (PH/s) of computing power, in US dollars. It rises when the Bitcoin price goes up or when transaction fees spike, and it falls when the network hashrate and difficulty climb.
The formula is simple: take all revenue miners earn in a day (the block subsidy of 3.125 BTC per block plus transaction fees, about 144 blocks per day), convert it to dollars at the current BTC price, then divide by the network hashrate in PH/s. MiningRadar recalculates this every minute from live data.
Miners compare hashprice against their all-in cost per PH/s per day, which is dominated by electricity. When hashprice sits above cost, machines print money; when it drops below, older hardware gets switched off, hashrate falls, difficulty adjusts down, and the market finds a new equilibrium. Pool fees also matter: a 2% fee on a $33 hashprice takes about $0.66 per PH/s per day. Compare fees in the mining pool comparison.
Frequently Asked Questions
What is hashprice?
Hashprice is the expected daily revenue for one unit of mining power, usually quoted in US dollars per petahash per second per day ($/PH/s/day). It bundles Bitcoin price, block subsidy, transaction fees and network difficulty into one number miners can compare against their electricity cost.
How is hashprice calculated?
Hashprice equals the total miner revenue per day (block subsidy plus transaction fees, converted to USD at the current BTC price) divided by the total network hashrate in PH/s. When BTC price rises or hashrate falls, hashprice goes up. When difficulty and hashrate climb, it goes down.
What is a good hashprice for miners?
It depends on hardware efficiency and power cost. A modern ASIC around 20 J/TH consumes about 0.48 MWh per PH/s per day, so at $0.05 per kWh the power cost is roughly $24 per PH/s per day. Hashprice above that level means the machine mines at a gross profit.
Why did hashprice fall over time?
Every halving cuts the block subsidy in half, and network hashrate has grown relentlessly as more efficient ASICs come online. Both effects push hashprice down over the long run, which is why miners must keep upgrading hardware and lowering power costs.
Track hashprice live alongside every major pool on the MiningRadar dashboard.