Hashrate Index Roundup (September 28, 2026)

Hello world, happy Monday!

TLDR

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

Over the past week, miners collected a total of ~3,112 BTC in block rewards, equivalent to ~$262 million. Transaction fees constituted 0.70% of block rewards totalling 22 BTC, equivalent to ~$1.83 million.

Bitcoin

Bitcoin moved by 2.5% from ~$81,412 to a current price of ~$83,479. Year-to-date (YTD) performance stands at -4.5%.

Hashprice

USD hashprice moved -3.8% from $41.45 per PH/s/Day to a current $39.87 per PH/s/Day.

BTC hashprice moved 0.0% from 0.00047692 BTC per PH/s/Day to 0.00047670 BTC per PH/s/Day.

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

• Under 14 J/TH fleets — $138 per MWh
• 14-19 J/TH fleets — $100 per MWh
• 19-25 J/TH — $75 per MWh
• 25-38 J/TH — $52 per MWh

Hashrate & Difficulty

Network hashrate changed by 0.6%, with the 7-day simple moving average (SMA) moving from 946 EH/s to 952 EH/s. The 30-day SMA currently stands at 948 EH/s.

The latest difficulty adjustment took place on September 19, 2026, changing network difficulty by +4.16% to 132.76T.

Block times have averaged around 10m 4s over the past 24 hours.

We currently estimate -0.66% for the upcoming adjustment, expected to occur on October 3, 2026.

Sponsored by Luxor Firmware

At $40 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 0.0217 BTC per block per day in transaction fees, +12% compared to the prior week's 0.0194 BTC.

Looking Forward

For this week's Hashrate Forward Market update, the forward market is pricing in an average hashprice of $38.34  or 0.00046 BTC over the next six months.

Bitcoin Mining Stocks

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 September 28, 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.