Bitcoin Miners' October Mining Revenue Reaches $1.215 Billion, an 11-Month High

Nov. 4: According to Bitcoin.com, data from hashrateindex.com shows that Bitcoin's hashprice fell from $40.24/PH/s/day on Oct. 1 to $33.18/PH/s/day on Nov. 1, a decline of 17.54%, closely tied to the market turmoil following the Binance hack incident. Despite this, miners still recorded their highest monthly revenue since November 2025 in October. Data from newhedge.io shows that miners' total revenue from Oct. 1 to 31 reached $1.215 billion, while Bitcoin's price fell 7.3% during the month. The Bitcoin network's total hashrate currently stands at 1082.24 EH/s, with an average block time of about 9 minutes 52 seconds. Analysis notes that the market downturn has not yet noticeably hindered mining operations, but continuously compressed profit margins could test miners' financial resilience.