Hashrate Index Roundup (June 1, 2026)

Hello world, happy Monday!

TLDR

A red bag for this week's update: Bitcoin down, hashrate up, difficulty up, fees up; hashprice is down.

Over the past week, miners collected a total of ~3,173 BTC in block rewards, equivalent to ~$235 million. Transaction fees constituted 0.74% of block rewards totalling 23 BTC, equivalent to ~$1.7 million.

Bitcoin

Bitcoin moved by -7.2% from ~$76,572 to a current price of ~$71,085. Year-to-date (YTD) performance stands at -18.7%.

Hashprice

USD hashprice moved -9.0% from $35.79 per PH/s/Day to a current $32.56 per PH/s/Day.

BTC hashprice moved -1.4% from 0.00046263 BTC per PH/s/Day to 0.00045627 BTC per PH/s/Day.

Based on fleetwide efficiency, bitcoin mining operations are currently earning the following bitcoin mining (SHA-256) compute revenues per watt-hour:

• Under 19 J/TH fleets — $82 per MWh
• 19-25 J/TH — $63 per MWh
• 25-38 J/TH — $43 per MWh

Hashrate & Difficulty

Network hashrate changed by +1.9%, with the 7-day simple moving average (SMA) moving from 993 EH/s to 1,012 EH/s. The 30-day SMA currently stands at 993 EH/s.

The latest difficulty adjustment took place on May 29, changing network difficulty by +1.72% to 138.96T.

Block times have averaged around 10 minutes 26 seconds over the past 24 hours.

We currently estimate* -4.25% for the upcoming adjustment, expected to occur on June 12.

*This estimate should be taken with a grain of salt given that we are so early into a difficulty epoch. Early on, difficulty predictions are relatively shaky because of short-term variance. However, as time (or blocks) pass, the noise fades and the signal sharpens.

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Transaction Fees

Over the past week, miners collected an average of 0.0232 BTC per block per day in transaction fees, +36% compared to the prior week's 0.0170 BTC.

Looking Forward

For this week's Hashrate Forward Market update, the forward market is pricing in an average hashprice of $31.71 or 0.00044 BTC over the next six months.

Bitcoin Mining Stocks

Bitcoin mining stock trends were green throughout the past week, reflecting a +13.5% change in our Bitcoin Mining Stock Index.

5-day changes to Bitcoin mining stocks as of last week's market close:

Have a great week, and Happy Hashing!

Footnotes

1. As of June 1, 2026 UTC 21:00. Values are subject to change.
2. Luxor estimates the adjustment date using average block times and blocks remaining in the epoch. Values are subject to change.
3. Luxor estimates the difficulty adjustment using average block times. Values are subject to change.