Bitcoin Miners Reap Rewards as Hashprice Surges

Bitcoin miners are breathing a sigh of relief as hashprice has skyrocketed by 20.41% over the last four days, lifting miner revenue to $38.29 PH/s.

This recent price rally is delivering a much-needed reprieve for Bitcoin miners after months of tighter margins.

The Foundry USA mining pool leads with 214.73 EH/s aimed at the blockchain, while Antpool commands 156.17 EH/s and F2pool follows with 110.62 EH/s of processing power.

At current hashprice values, a Bitmain Antminer S23 Hydro 3U producing 1.16 PH/s can pull in an estimated $17.86 in daily profit while paying $0.10 per kilowatt-hour (kWh) for electricity.