Bitcoin’s price, hashprice and network hashrate all fell this week, while transaction fees rose 31%, according to the Hashrate Index weekly roundup.
The Hashrate Index’s weekly report for the period ending November 9, 2026 shows a broad contraction across Bitcoin mining economics. The cryptocurrency’s price slipped 4.7% from roughly $78,300 to $74,600, while the network’s hashprice fell 2.8% to $31.89 per PH/s per day. At the same time, the overall hashrate dropped 7.8%, pulling the 7‑day simple moving average down to 979 EH/s from 1,062 EH/s. These movements occurred against a backdrop of flat difficulty, a modest 0.0% change, and a 31.3% rise in transaction‑fee revenue.
Bitcoin’s market decline was the primary driver of the hashprice dip, which moved from $32.82 to $31.89 per PH/s per day. The hashprice in BTC terms edged up 0.3% to 0.00042749 BTC per PH/s per day, but the dollar‑denominated figure remained below the $32 threshold that many miners cite as breakeven for typical operating costs. The report notes that at $32 per PH/s per day, profitability is marginal for a large segment of the mining fleet, especially older or less efficient rigs.
The network’s hashrate contraction of 7.8% brought the 30‑day simple moving average to 1,044 EH/s, down from the previous week’s level. The most recent difficulty adjustment on October 29 increased difficulty by 5.5% to 148.36 T, but the Hashrate Index projects a further 6.5% reduction in difficulty at the next adjustment scheduled for November 13, based on current block times averaging 10 minutes 41 seconds.
Miners collected roughly 2,893 BTC in block rewards, valued at about $222 million, while transaction fees contributed an additional 21 BTC (≈$1.6 million), representing 0.72% of total rewards. Despite the fee share remaining under 1%, the fee per block rose 31.3% to 0.0228 BTC per day, indicating higher user demand for transaction inclusion amid lower block‑size pressure.
Analysts will monitor the upcoming difficulty adjustment on November 13 for signs of further hashrate decline or stabilization, as well as any price movement that could push hashprice back above breakeven levels. The forward hashprice market, pricing an average of $32.69 per PH/s per day for the next six months, suggests miners are pricing in modest recovery, but sustained price weakness could keep profitability tight for less efficient operations.
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