Miner Profitability Update – Bitcoin Miner Revenue Increases With Hash Rate and Price

Miner revenue in major proof-of-work cryptocurrencies
Data from September 4th to 10th; Source CoinMetrics

Bitcoin miner revenue increased over the past week. The increases corresponded with an appreciation in price and the hash rate deployed on the Bitcoin network reaching all-time highs. Bitcoin hash rate reached levels above 89 EH/s while the price appreciated over 6% for the week’s trading. Revenue earned by altcoins miners saw little change week-on-week with small decreases in average daily revenue observed for Ethereum, Bitcoin Cash, and Litecoin miners.

Source: CoinMetrics State of the Network