Hashrate Index Roundup (March 2, 2026)

Hello world, happy Monday!

TLDR

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

Over the past week, miners collected a total of ~3,169 BTC in block rewards, equivalent to ~$210 million. Transaction fees constituted 0.62% of block rewards totalling 19 BTC, equivalent to ~$1.3 million.

Bitcoin

Bitcoin trended up throughout the past week, increasing by 6.2% from ~$64,845 to a current price of ~$68,874. Year-to-date (YTD) performance stands at -21.2%.

Hashprice

USD hashprice moved +7.3% from $28.13 per PH/s/Day to a current $30.18 per PH/s/Day.

BTC hashprice moved +0.2% from 0.00043769 BTC per PH/s/Day to 0.00043840BTC per PH/s/Day.

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

• Under 19 J/TH fleets — $71 per MWh
• 19-25 J/TH — $55 per MWh
• 25-38 J/TH — $38 per MWh

Hashrate & Difficulty

Network hashrate rose by 4.4%, with the 7-day simple moving average (SMA) moving from 1,023 EH/s to 1,068 EH/s. The 30-day SMA currently stands at 1,035 EH/s.

The latest difficulty adjustment took place on February 19, changing network difficulty by +14.73% to 144.40T.

Block times have averaged around 9 minutes 53 seconds over the past 24 hours.

We currently estimate +1.05% for the upcoming adjustment, expected to occur on March 5.

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At $30 per PH/s/Day, hashprice is at or below breakeven for many miners depending on operating cost and machine model type. Improve the hashrate and efficiency of your S19 and S21 series rigs by downloading LuxOS firmware today!

Transaction Fees

Over the past week, miners collected an average of 0.0192 BTC (+22%) per block per day in transaction fees, compared to the prior week's 0.0157 BTC.

Looking Forward

For this week's Hashrate Forward Market update, the forward market is pricing in an average hashprice of $28.25 or 0.00044 BTC over the next six months.

Bitcoin Mining Stocks

Bitcoin mining stock trends were mixed throughout the past week, reflecting a +5.3% change in our Bitcoin Mining Stock Index.

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

• BTDR: $7.70 (-0.5%) | Mkt Cap: $1.8B
• BITF: $2.20 (+11.7%) | Mkt Cap: $1.3B
• CIFR: $15.60 (+9.6%) | Mkt Cap: $6.2B
• CLSK: $9.95 (+5.9%) | Mkt Cap: $2.6B
• CORZ: $16.97 (-0.2%) | Mkt Cap: $5.1B
• HIVE: $2.14 (+2.4%) | Mkt Cap: $0.5B
• HUT: $53.23 (+1.4%) | Mkt Cap: $5.7B
• IREN: $40.95 (+4.5%) | Mkt Cap: $13.6B
• MARA: $8.94 (+15.4%) | Mkt Cap: $3.6B
• RIOT: $16.29 (+7.4%) | Mkt Cap: $6.0B
• WULF: $16.22 (+12.3%) | Mkt Cap: $6.7B
• FUFU: $2.37 (+3.5%) | Mkt Cap: $0.4B
• CAN: $0.49 (+6.5%) | Mkt Cap: $0.3B
• GREE: $1.22 (-3.2%) | Mkt Cap: $0.02B
• SLNH: $0.87 (-1.1%) | Mkt Cap: $0.1B

Have a great week, and Happy Hashing!

Footnotes

1. As of March 2, 2026 UTC 20:00. 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.