Bitcoin miners are experiencing a substantial uplift in revenue, with the network's hashprice climbing 20.41% over the past four days to $38.29 per petahash per second (PH/s) by Saturday, Aug. 22—a figure not recorded since May. Hashprice quantifies the estimated revenue a miner generates from a specific amount of hashrate. The metric rose from $31.80 PH/s on Aug. 18, providing much-needed relief after Bitcoin's price slide from its October 2025 all-time high of over $126,000 compressed miner economics.
At current levels, top-tier hardware is generating substantial daily profits. A Bitmain Antminer S23 Hydro 3U, which produces 1.16 PH/s, yields an estimated daily profit of $17.86 at $0.10 per kilowatt-hour electricity costs. Bitdeer's Sealminer A4 Ultra Hydro, processing 886 terahash per second, generates an estimated $13.75 per day at the same electricity rate. The S23 Hydro 3U currently leads the SHA-256 ASIC market in profitability.
Block times are currently averaging 10 minutes and 5 seconds, slightly above the 10-minute target. This pace projects a one percentage point drop in the difficulty adjustment, reducing the computational effort required to mine blocks and increasing profitability for existing miners.
Foundry USA dominates the mining pool landscape with 214.73 exahashes per second (EH/s) as of Aug. 22, followed by Antpool with 156.17 EH/s and F2pool with 110.62 EH/s. ViaBTC holds fourth position with 91.02 EH/s, while Secpool and Spiderpool each contribute approximately 65.07 EH/s. The collective hashrate has increased to nearly 922 EH/s, approaching the one zettahash milestone.
August's total mining revenue still trails July's figures despite the recent hashprice increase. Bitcoin miners have accumulated $682.69 million in August from block subsidies and transaction fees, with only $5.14 million from transaction fees. Miners collected $875 million during July, leaving a significant gap to close in the final week of August.
