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bitcoin newsNov 1, 2026AI summary

Bitcoin Miners Post 11-Month Revenue High as Hashprice Slides

Edited by Steinar Vigdel Kolnes, Editor, Oslo

Bitcoin miners recorded their strongest monthly revenue since November 2025 in October, even as weaker BTC prices pressured mining economics.

Bitcoin Miners Post 11-Month Revenue High as Hashprice Slides

Bitcoin miners ended October with their highest monthly revenue in 11 months, reaching the strongest level since November 2025, according to Bitcoin.com News.

The revenue milestone came despite a sharp decline in bitcoin prices following the reported $6.3 billion Binance hack.

Lower BTC prices have weighed on miner profitability. Hashprice, a measure of expected mining revenue relative to computing power, is now 17.54% lower than it was 30 days ago.

The figures show a split in mining conditions: October revenue remained elevated on a monthly basis, while the more recent market downturn reduced the earnings potential of mining capacity.

Source: Bitcoin.com News

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