Chart of the Week: 'Dire Picture' for BTC Miners as Revenue Flatlines Near Record Low

April 21, 2025

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Hashprice, a key metric used to gauge miner revenue, is currently hovering near a five-year low, according to HashRate Index—a stark reminder of how difficult the mining business has become. In simple terms, the metric is the income miners can expect per unit of computing power, denoted by per petahash (PH/s). It can be denominated in U.S.