Bitcoin mining revenue has reached a record low due to a sharp decline in cryptocurrency prices and increasing energy costs. The hash price index, which measures mining revenue per unit of computing power, fell to around 3 cents per terahash in recent data from Luxor Technology. This represents a significant drop from 2017 levels. The decrease is attributed to the ongoing selloff in Bitcoin, with more large-scale mining operations unplugging equipment as costs rise. Additionally, a biweekly figure showing mining difficulty is expected to drop by over 13%, marking one of the largest decreases since China banned the industry in 2021.
Source: https://www.bloomberg.com/news/articles/2026-02-05/bitcoin-mining-revenue-gauge-falls-to-record-low-during-selloff