Bitcoin Mining Hashprice Reached $36.55 Per PH/s on Oct. 22

A daily Bitcoin mining benchmark put gross network revenue at $36.55 per petahash per second on Oct. 22, giving cloud-mining buyers a reference point before contract charges.

The measure, known as hashprice, counts revenue from the block subsidy and transaction fees. At $36.55 per PH/s per day, 100 terahashes per second (TH/s) corresponds to about $3.66 in gross network revenue for one day. Provider charges sit outside that calculation.

A separate fee-inclusive estimate put Oct. 22 hashprice at $37 per PH/s per day, equivalent to $0.037 per TH/s. The estimates use different inputs and methods, so they are not directly interchangeable. Neither figure describes a payout under a particular cloud-mining contract.

The $36.55 estimate corresponds to 0.000450324 BTC per PH/s per day and uses a daily Bitcoin price with mining data from a Bitcoin Core node. The $37 calculation uses a network hashrate of 1,006.3 exahashes per second (EH/s) and puts transaction fees at 0.70% of the block reward for the UTC day. The two readings therefore represent distinct calculations of daily network revenue.

A cloud-mining contract specifies an amount of hash rate for a set term, while the customer does not own the mining hardware. The $3.66 conversion shows gross revenue at a particular hash rate for one day, not a promised customer payment. Provider charges and payout terms affect how much reaches the customer. A fixed contract rate also does not guarantee an unchanged portion of Bitcoin rewards if total network hashrate changes.

Hashprice is a daily measure, while a cloud-mining contract may run for a longer term. The metric reflects Bitcoin’s price, mining conditions and transaction-fee revenue, so a single day’s reading does not represent every day of a contract. For related context, see the earlier discussion of Bitcoin mining profitability.

Bitcoin’s next scheduled halving is estimated for 2028, at block 1,050,000. It will reduce the block subsidy from 3.125 BTC to 1.5625 BTC. Transaction fees also contribute to miner revenue.