Miners have finally turned a corner: Bitcoin hashprice surges 20.41% in four days, hitting a new high since May
Bitcoin’s hashrate price has jumped 20.41% over four days. Miners’ revenues have clearly improved, which is a boon for BTC’s network hashrate security.
In plain terms, the hashprice metric is how much money miners can earn per unit of computing power. Over the past few months, miners have been struggling—weak coin prices, high difficulty, and squeezed profits from both ends. Many mining companies have had to get by by selling coins, and even selling stock.
This BTC price rebound has directly lifted hashprice by 20.41%, completing the move back to the high point since May in just four days. Every block mined brings noticeably thicker revenue.
One-sentence translation: Miners no longer have to be forced to sell coins just to pay electricity bills, and the source of selling pressure has been temporarily cut off.
Impact on the market
- Short term: Miner holding back is the key. When hashprice was low before, miners’ daily BTC production was basically sell-after-mining—one of the most stable sell-side flows in the market. Now that revenue has improved, the logic forcing distressed selling has loosened, so the sell pressure around BTC $76,338 should ease somewhat.
- Medium term: Margin repair means the computing power network is healthier. Financing pressure on publicly listed mining companies (like MARA, RIOT, etc.) eases, and industry “clearing” slows down. But note: the rise in hashprice is the result of rising coin price, not the cause—don’t mix up cause and effect.
My take
This data is a lagging confirmation indicator, not a leading signal. It confirms that this rebound has real fundamental support and that miners aren’t dragging their feet. BTC $76,338 is currently down a marginal 0.98% over the past 24 hours, which is within normal consolidation. The improvement in miner revenue will strengthen the bid support below.
Risk points: If the coin price pulls back, and hashprice falls faster than the coin price, miners’ selling pressure will return immediately. This buffer works only if price holds steady.
- Asset: BTC
- Direction: Bullish 📈 Forecast up
- Duration: 12 hours
$BTC $ETH #BTC #ETH
📊 Historical backtest
- After similar news like “Grayscale launches a Bitcoin miner ETF, helping investors allocate to BTC mining” (2025-01-30), BTC’s 12h return was -1.59%; the outlook was bullish ❌ incorrect
- There were 282 bullish-type BTC news items. In 122 cases, the predicted direction matched the actual price action (accuracy 43%)
#Mining company updates
⚠️ Not investment advice
Bitcoin’s hashrate price has jumped 20.41% over four days. Miners’ revenues have clearly improved, which is a boon for BTC’s network hashrate security.
In plain terms, the hashprice metric is how much money miners can earn per unit of computing power. Over the past few months, miners have been struggling—weak coin prices, high difficulty, and squeezed profits from both ends. Many mining companies have had to get by by selling coins, and even selling stock.
This BTC price rebound has directly lifted hashprice by 20.41%, completing the move back to the high point since May in just four days. Every block mined brings noticeably thicker revenue.
One-sentence translation: Miners no longer have to be forced to sell coins just to pay electricity bills, and the source of selling pressure has been temporarily cut off.
Impact on the market
- Short term: Miner holding back is the key. When hashprice was low before, miners’ daily BTC production was basically sell-after-mining—one of the most stable sell-side flows in the market. Now that revenue has improved, the logic forcing distressed selling has loosened, so the sell pressure around BTC $76,338 should ease somewhat.
- Medium term: Margin repair means the computing power network is healthier. Financing pressure on publicly listed mining companies (like MARA, RIOT, etc.) eases, and industry “clearing” slows down. But note: the rise in hashprice is the result of rising coin price, not the cause—don’t mix up cause and effect.
My take
This data is a lagging confirmation indicator, not a leading signal. It confirms that this rebound has real fundamental support and that miners aren’t dragging their feet. BTC $76,338 is currently down a marginal 0.98% over the past 24 hours, which is within normal consolidation. The improvement in miner revenue will strengthen the bid support below.
Risk points: If the coin price pulls back, and hashprice falls faster than the coin price, miners’ selling pressure will return immediately. This buffer works only if price holds steady.
- Asset: BTC
- Direction: Bullish 📈 Forecast up
- Duration: 12 hours
$BTC $ETH #BTC #ETH
📊 Historical backtest
- After similar news like “Grayscale launches a Bitcoin miner ETF, helping investors allocate to BTC mining” (2025-01-30), BTC’s 12h return was -1.59%; the outlook was bullish ❌ incorrect
- There were 282 bullish-type BTC news items. In 122 cases, the predicted direction matched the actual price action (accuracy 43%)
#Mining company updates
⚠️ Not investment advice