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Topic

Hashprice

The dollar revenue a bitcoin miner earns per unit of hashrate per day, quoted per PH/s/day and traded through forward contracts and derivatives.

Current clusters

invest1 publisher

Bitcoin's 22% rally paid the median miner 1.8%

Revenue per petahash rose almost exactly in step with the coin in August, so the miners' equity gap says more about how they are funding AI build-outs than about the margin on a mined bitcoin. Luxor's forward curve offers no relief before February.

Reality

Evidence64
Adoption67
Hype gap+12
Incentives58
Confidence57