Hashprice

Hashprice is the expected revenue a miner earns per unit of hash rate over a given period, typically expressed in dollars per terahash per second per day. It condenses the main variables of mining economics — the coin's price, network difficulty, block subsidy, and transaction fees — into a single number that tells a miner what each unit of their computing power is currently worth.

For example, if hashprice is $0.05 per TH/s per day, a machine producing 200 TH/s generates about $10 of revenue daily before electricity and other costs. A miner can then compare that revenue against their power cost to see whether a given machine is profitable to run. Because hashprice moves with the coin's market price and inversely with difficulty, it can fall even during price rallies if enough new hash rate comes online, and events like Bitcoin's halvings cut the subsidy component roughly in half overnight.

A common misconception is that hashprice measures profit; it measures gross revenue only, and two miners with identical hashprice can have opposite outcomes depending on their electricity rates and hardware efficiency. The term was popularized by mining analytics firms and has become the industry's standard shorthand — public mining companies, hosting providers, and hardware buyers all quote hashprice when discussing whether conditions favor expanding or curtailing operations.