Hashprice
MININGDEFINITION
A miner's expected daily revenue per unit of hashrate, usually quoted in US dollars per petahash per second per day ($/PH/s/day). The single number that summarizes mining profitability.
Hashprice rolls four variables into one: bitcoin's price, network difficulty, the block subsidy, and transaction fees. When price rises or difficulty falls, hashprice climbs and marginal machines become profitable; when the reverse happens, the oldest rigs go dark first. It moves daily and every mining desk watches it the way traders watch the spot price.
The unit matters. A hashprice of $35/PH/s/day means a machine producing 0.2 PH/s (200 TH/s) earns about $7 of revenue a day — before electricity. Whether that's a business or a space heater depends entirely on the operator's power cost.
IN A SENTENCE
“With hashprice stuck near $30, anything less efficient than a latest-gen ASIC is losing money at retail power rates.”
Key facts
Common questions
Why does hashprice fall even when bitcoin's price is flat?
Because difficulty keeps rising as new machines join. Same revenue, more competitors — each hash earns less. Halvings cut it roughly in half overnight.
Is hashprice the same as profitability?
No — it's revenue, not profit. Subtract power, hosting, and hardware depreciation to get margin. That's why the same hashprice bankrupts one miner and enriches another.