{"id":77637,"date":"2026-09-02T22:37:56","date_gmt":"2026-09-02T22:37:56","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-miners-pocket-1b-in-august-but-halving-pain-still-lingers\/"},"modified":"2026-09-02T22:37:56","modified_gmt":"2026-09-02T22:37:56","slug":"bitcoin-miners-pocket-1b-in-august-but-halving-pain-still-lingers","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-miners-pocket-1b-in-august-but-halving-pain-still-lingers\/","title":{"rendered":"Bitcoin Miners Pocket $1B in August, but Halving Pain Still Lingers"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Bitcoin miners had a great deal to celebrate in August, pulling in around $1.008 billion as hashprice climbed to $38.86 per PH\/s.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Miner outflows remained fairly limited for the most part, even though there were some short-lived spikes above 15,000 BTC.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Bitcoin still has significant ground to cover before the 2028 halving, with the price potentially needing to reach around $198,950 for hashprice to hit $100 per PH\/s.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>Bitcoin Miners Pocket $1 Billion as Hashprice Finds Relief<\/h2>\n<p>Bitcoin miners took in $1.001 billion in revenue in August, just the reward alone. Separately, transaction fees accounted for $7.1 million or 0.7044% of the $1.008 billion total collected last month, <a href=\"https:\/\/newhedge.io\/\" target=\"_blank\" rel=\"noopener noreferrer\">according to newhedge.io analytics<\/a>.<\/p>\n<p>The network\u2019s hashrate has been humming above 900 exahash per second (EH\/s), and the price per output of petahash per second (PH\/s), or the hashprice on a daily rate, <a href=\"https:\/\/data.hashrateindex.com\/bitcoin-compute-data\/bitcoin-hashprice-index\" target=\"_blank\" rel=\"noopener noreferrer\">stands at around $38.86 per PH\/s<\/a>. Meanwhile, bitcoin miners hold 1.92 million BTC, but according to the amount of bitcoin transferred from miner wallets to external addresses logged by newhedge.io, otherwise known as outflows, miners are holding their coins.<\/p>\n<figure id=\"attachment_844269\" aria-describedby=\"caption-attachment-844269\" style=\"width:2025px\" class=\"wp-caption aligncenter\"><figcaption id=\"caption-attachment-844269\" class=\"wp-caption-text\">Newhedge.io stats show rewards in August stood at around $1.001 billion, and fees were just over $7 million.<\/figcaption><\/figure>\n<p>You see, bitcoin miner outflows show some decent bursts, including more than 15,000 BTC during the first week of August, and the following week saw a spike of around 9,000 BTC from miners to external addresses. <a href=\"https:\/\/news.bitcoin.com\/market-updates\/bulls-reload-for-another-assault-on-81k-as-bitcoins-price-rises\/\">As bitcoin\u2019s price rose<\/a>, miners saw limited outflows despite the burst of 12,000 BTC around Aug. 24. The breathing room is also present in hashprice data, which shows similarities to the revenue BTC miners gathered in May.<\/p>\n<p>The upswing does add a sizable improvement from the difficult conditions seen earlier this summer. However, the hashprice and revenue have been slashed a great deal since the 2024 halving, and miners haven\u2019t really found any solid ground.<\/p>\n<h2>$100 Hashprice Demands a Bitcoin Moonshot Near $200,000, as Miners Brace for Bitcoin\u2019s 5th Halving<\/h2>\n<p>$40 per PH\/s would be less pressure for miners, and $60 to $70 per PH\/s would be a lot firmer of a foundation. $75 to $100 would be healthy, and anything above the $100 range would be thriving. With the current price of bitcoin and the daily hashprice, getting to $100 per petahash per day would require the hashprice to skyrocket to about 157%.<\/p>\n<p>In fact, bitcoin\u2019s price would have to be roughly $198,950 per coin to put the hashprice in that range. That moonshot comes at a time when large <a href=\"https:\/\/news.bitcoin.com\/mining\/keel-shuts-all-bitcoin-mining-with-819m-ready-for-ai-pivot\/\">bitcoin mining operations are pivoting<\/a> toward providing artificial intelligence (AI) and high-performance computing (HPC) infrastructure that pays a whole lot more. If miners want to keep thriving, praying for skyrocketing bitcoin prices won\u2019t do the trick.<\/p>\n<p>They will need to operate constantly with operational genius, cheaper power, superior chips, and machines that won\u2019t quit. <a href=\"https:\/\/news.bitcoin.com\/halving-milestone-block-840000-mined-ushering-in-a-new-chapter-as-bitcoin-miners-face-shrinking-rewards\/\">The fourth halving aftershock<\/a> hurt miners a great deal, but they need to find some serious resilience before the fifth halving comes in 2028.<\/p>\n<p>Whether they can do this or not will be the true test.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/mining\/bitcoin-miners-pocket-1b-in-august-but-halving-pain-still-lingers\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Bitcoin miners had a great deal to celebrate in August, pulling in around $1.008 billion as hashprice climbed to $38.86 per PH\/s. Miner outflows remained fairly limited for the most part, even though there were some short-lived spikes above 15,000 BTC. Bitcoin still has significant ground [&hellip;]<\/p>\n","protected":false},"author":19,"featured_media":77638,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/77637"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/19"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=77637"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/77637\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/77638"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=77637"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=77637"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=77637"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}