BTC Mining Profitability Drops: Lowest Hash Price

BTC Mining Profitability Drops Due to Lowest Hash Price in Months

5 November 2025 at 11: 49

Reading time: 2 minutes

The hash price has declined significantly and is currently at its lowest level since April, when the Bitcoin price hovered around $76.000. Currently, the hash price stands at just $43,1 per petahash per second (PH/s). The term hash price, coined by Luxor, refers to the expected value of one terahash per second (TH/s) of computing power per day. This value indicates how much a miner can earn with a given amount of hashrate and depends heavily on factors such as the Bitcoin price, network conditions, the block subsidy, and transaction fees.

The Impact of Bitcoin Price on Mining Profits

The recent roughly 20% correction in the Bitcoin price, from a record high of $104.000 in October, has increased the pressure on mining revenues. Low transaction fees, currently still at bear market levels, contribute to this. Data from mempool.space shows that processing a high-priority transaction currently costs approximately 4 sat/vB ($0,58), while average annual transaction fees are at their lowest level in years. This has decisive implications for the profitability of Bitcoin mining.

Despite these challenges, the hash rate — the total computing power applied by miners to generate the bitcoin To secure the network—just below record highs of over 1,1 zettahashes per second (ZH/s). This coincides with a recent difficulty adjustment that has reached an all-time high of 156 trillion (T), representing a 6,3% increase. This adjustment occurs approximately every two weeks and ensures that new blocks are mined approximately every ten minutes, which is essential for network stability amid fluctuations in mining power.

The combination of falling bitcoin prices, low transaction fees, and record difficulty is putting significant pressure on the profitability of bitcoin mining. In response, many bitcoin mining companies have transitioned to offering services for artificial intelligence (AI) and high-performance computing (HPC) data centers. By entering into long-term contracts with data services, miners can stabilize their cash flow and reduce their dependence on bitcoin's unpredictable market conditions. This provides a strategic buffer amid the ongoing economic downturn. volatility in the cryptocurrency market.

Frequently Asked Questions

What are the main factors that influence hash price?
The hash price is primarily influenced by the price of Bitcoin, the network difficulty, the block subsidy—the reward miners receive for mining new blocks—and the transaction fees users pay to have their transactions processed.

How can miners stabilize their revenue in a volatile market?
Miners can stabilize their revenues by partnering with AI and high-performance computing data centers, allowing them to enter into long-term contracts. This offers them a more predictable cash flow, regardless of Bitcoin price fluctuations.

What are the implications of low transaction fees for Bitcoin miners?
Low transaction fees reduce miners' overall revenue, jeopardizing profitability. This can force them to implement cost-control strategies or adjust their business models to remain profitable.

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