Bitcoin Mining Revenue Surges to 11-Month High Amidst Market Volatility
Bitcoin miners achieved their highest monthly revenue since November 2025 in October, despite a sharp decline in hashprice.
Bitcoin miners achieved their highest monthly revenue since November 2025 in October, despite a sharp decline in hashprice. Bitcoin (BTC) is trading at ₹74,40,234 ($78,277.00), up 0.6% since this brief published. This is an original Token Times brief based on reporting by Bitcoin.com, with live market data added, as of Mon, 02 Nov 2026 00:00:01 UTC.
This development highlights the resilience of Bitcoin mining operations even during market downturns, showcasing their ability to generate significant revenue even as profitability metrics fluctuate.
- Bitcoin miners earned their highest monthly revenue in 11 months in October.
- Hashprice has dropped 17.54% in the past 30 days, impacting profitability.
- Bitcoin network hashrate remains strong at 1063 EH/s.
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- Bitcoin Mining Revenue Surges to 11-Month High Amidst Market Volatility — this brief
Despite the recent turmoil in the crypto market, including the $6.3 billion Binance hack and subsequent 
Bitcoin price decline, miners have reported their highest monthly revenue since November 2025. This achievement underscores the resilience of the mining sector, which continues to generate significant income even amidst market volatility.
However, the positive revenue figures come with a caveat: the hashprice, a key metric of mining profitability, has fallen by 17.54% in the past 30 days. This decline reflects the impact of Bitcoin's price drop on mining operations, as revenue is directly tied to the value of the cryptocurrency.
The Bitcoin network's hashrate currently stands at 1063 EH/s, according to mempool.space, indicating that miners are still actively participating and investing in computational power. This suggests a level of confidence in the long-term prospects of Bitcoin mining, despite the short-term challenges.
In the broader market context, Bitcoin's price has increased by 0.45% in the last 24 hours, although it is down 2.97% over the past week. The total crypto market cap is at $2.68 trillion, with Bitcoin's market cap accounting for $1.56 trillion. The overall market sentiment, as measured by the Fear & Greed Index, remains in 'Fear' territory at 34.
Looking ahead, the key factors to watch will be the recovery of hashprice and the overall market sentiment. If Bitcoin's price stabilizes or increases, it could bolster mining profitability and further support the sector's growth.
Since this brief published about 1 hour ago, Bitcoin (BTC) has moved from ₹73,94,705.50$77,798.00 to ₹74,40,234.49$78,277.00 — +0.62%.
The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
Will Bitcoin dip to $77,500 in November?
Crowd-implied probability on Polymarket, ₹14.24M 24h volume, resolves Dec 1 — snapshotted when this brief published (Nov 1 23:05 UTC). A market price reflects what traders collectively expect; it is not a forecast by Token Times and will have moved since. View the market ↗
At today's peer-to-peer rate, 1 BTC ≈ ₹8.11M (about $78,277.00), up 1.0% over 24 hours. The rupee itself trades about 9.0% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · November 1, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Bitcoin Mining Revenue Surges to 11-Month High Amidst Market — questions & answers
What is hashprice and why is it important?
Hashprice is a measure of mining profitability, representing the revenue miners earn per unit of computational power. It is crucial for determining the financial viability of mining operations.
How does Bitcoin's price affect mining revenue?
Bitcoin's price directly impacts mining revenue because miners earn Bitcoin for validating transactions. A higher price means higher revenue, while a lower price reduces profitability.
What is the current state of the Bitcoin network hashrate?
The Bitcoin network hashrate is 1063 EH/s, indicating strong miner participation and investment in computational power.
How much is 1 Bitcoin worth in rupee today?
About ₹8.11M at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $78,277.00. The rupee price moves with both BTC's US-dollar price and the USDT/INR rate; use our Bitcoin in rupee page for any amount.
Has Bitcoin's price moved since this brief was published?
BTC is up 0.62% since this brief first published — trading at ₹74,40,234 ($78,277.00) now versus ₹73,94,706 ($77,798.00) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Bitcoin.com. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.