Bitcoin Mining Revenue Hits 11-Month High Despite Brutal Hashprice Decline
AI summary
Bitcoin miners booked their highest monthly revenue since November 2025 in October, even as the asset's price fell following a $6.3 billion Binance hack. Mining profitability has still suffered, with hashprice sitting 17.54% below its level 30 days earlier. Traders watching miner economics see a revenue high undercut by shrinking per-unit margins, a mix that could pressure hashpower and selling behavior.
