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Project

Hashrate Index

Bitcoin mining data platform from Luxor Technology that publishes network hashrate, country-level hashrate estimates, hashprice and mining market data.

Current stories

investOne report1 publisher

Fortitude sold $8.3 million of borrowed ZEC ahead of 9,000 rigs that equal a quarter of Zcash's hash rate

Fortitude Mining sold 5,790 borrowed ZEC for about $8.3 million to fund its Zcash mining expansion. Repayment is in dollars, so no buyback is due, and its 9,000 rigs would add about 25% to network hash rate at nameplate.

Publishers:cryptoslate.com

Reality

Evidence58
Adoption
Not scored
Hype gap+15
Incentives55
Confidence55
investConfirmed6 publishers

Binance gives miners 28 days to leave its pool before shares stop counting

Binance will shut Binance Pool at 07:00 UTC on Nov. 10, 2026, 28 days after announcing the closure on Oct. 13. Hashrate sent afterward is not accepted and shares are not credited, so every rig needs a new pool by then.

Perspective Coverage

6 publishers
Builder
Builder 22%
Operator
Operator 45%
Investor
Investor 33%

Reality

Evidence78
Adoption
Not scored
Hype gap+20
Incentives
Not scored
Confidence75
investOne report1 publisher

Returning hashrate and a possible drop to $80,000 both threaten bitcoin miners' hashprice rebound

Bitcoin miners' daily revenue rose 78% to about $48 million as the coin rebounded 45% from its July low, according to CryptoQuant. A slip to $80,000 alone would cut hashprice by under 4%; the bigger risk is the 13% of peak hashrate still offline.

Publishers:cryptoslate.com

Reality

Evidence55
Adoption
Not scored
Hype gap+15
Incentives
Not scored
Confidence55
investOne report1 publisher

Top three bitcoin mining countries cede 0.8 points of hashrate share to the rest of the world

Hashrate Index puts the US, Russia and China at 65.4% of bitcoin hashrate, down from 66.2%, as Russia gained 8 EH/s and the US lost 10. Russia took back most of what the US lost, so mining is about as concentrated by country as it was in June.

Publishers:cryptoslate.com

Reality

Evidence50
Adoption
Not scored
Hype gap+10
Incentives
Not scored
Confidence55
investOne report1 publisher

Core Scientific paid $41.9 million to cancel 15 exahashes of new mining chips

With CoinShares putting the second-quarter cash cost of a bitcoin at about $75,500 against a $58,400 price, public miners are switching off rigs they own and paying cash to cancel the ones they ordered.

Reality

Evidence48
Adoption71
Hype gap+14
Incentives63
Confidence54
investOne report1 publisher

Hyperscale Data reprices Dowagiac's power at $3 million a megawatt-year

Dowagiac's bitcoin miners went dark on September 1 so that 20 megawatts could be leased to an unnamed California neocloud at roughly $3 million per megawatt-year. The customer's cash in the door so far is $10.6 million.

Reality

Evidence40
Adoption30
Hype gap+58
Incentives75
Confidence38