Bitcoin miners escape months of distress as daily revenue surges by 78%

Bitcoin miners are emerging from months of financial pressure as rising BTC prices lift daily industry revenue by 78%.According to CryptoQuant's weekly report shared with CryptoSlate, total daily mining revenue climbed from approximately $27 million at July's lows to as much as $48 million, following Bitcoin's roughly 45% recovery from $58,000 to above $83,000.The turnaround is also visible in hashprice, a closely watched measure of mining economics that tracks the expected daily revenue generated by a unit of computing power.Data from Hashrate Index shows the metric recently climbed above $40 per petahash per second per day, its highest level since January. It has slightly declined to around $39 as of press time.Bitcoin hashprice recovered to about $40 per PH/s after spending much of 2026 below its October 2025 levels. Source: Hashrate IndexThat marks a significant recovery from the industry's financial difficulties earlier this year. CoinShares previously reported that hashprice fell to approximately $27.70 in June, reflecting a combination of lower Bitcoin prices, persistently weak transaction fees, and mining difficulty that remained elevated relative to revenue.The subsequent ...