October 2026 Bitcoin Hashrate Rises While Hashprice Slumps 18%
Luxor’s October lookback shows a 9.4% rise in network hashrate and an 11.8% difficulty jump, while the USD hashprice fell 17.9% amid an 8% drop in Bitcoin price.

Data: Polymarket, updated every minute. · Ends Oct 31, 2026
This market will resolve to "Yes" if Donald Trump makes any public statement in which he insults the listed individual between market creation and the specified date (ET). Otherwise, this market will resolve to "No".
A public statement is any written, verbal, or recorded statement which is either made in a public setting, published by the speaker, or on the record to media, and the direct language of which is made publicly available within the specified timeframe. Pre-recorded public statements will count for the date (ET) that they are made publicly available. Statements made in private that are subsequently leaked will not qualify, even if credibly reported. Narrations and paraphrasings do not qualify.
Images and videos posted on verified social media accounts will only qualify if they contain insulting language clearly directed at the individual, whether within the content itself or in an accompanying caption. Language within the content of a video will only qualify if Donald Trump is clearly portrayed as saying it. Insulting language within the content of a video said by anyone other than Donald Trump or a portrayal thereof will not qualify.
A quote post will qualify if added language independently qualifies as an insult, or endorses insulting language directed at the individual within the quoted post; a repost of another account's post will not qualify.
A public statement qualifies as an insult if it mocks, degrades, or disparages the individual either personally or professionally. This includes calling the individual a clearly insulting trait (e.g., weak, stupid, disloyal, a failure), using an insulting nickname (e.g., Crooked Hillary), using other clearly derogatory language, or using the negative form of a positive trait in a clearly derogatory manner (e.g., “He isn’t smart”, “He has no judgment”). Disparaging the individual in their professional capacity will qualify (e.g., "He is a disaster candidate," "He is terrible at his job"); however, negative comments directed at the individual's specific actions, policies, or decisions will not qualify (e.g., "He has bad policies," "He is wrong about healthcare").
A statement made in direct reference to the individual will qualify even if they are not named, so long as it is reasonably clear from context that they are the subject.
The resolution sources will be public statements made by Donald Trump and a consensus of credible reporting.
Luxor’s October lookback shows a 9.4% rise in network hashrate and an 11.8% difficulty jump, while the USD hashprice fell 17.9% amid an 8% drop in Bitcoin price.
VanEck argues the October plunge in mining firms expanding into AI data centers reflects excessive fear, not fundamentals, and sees a buying opportunity.
Anthony Scaramucci attributes the loss of Democratic backing for the CLARITY Act to Donald Trump’s memecoin launches, which he says stalled the bill.
It is the latest price of the Yes outcome. Traders pay that share of a dollar for a contract that pays $1 if the event happens, so the price reads as the market's estimate of the chance.
The market resolves by the rules below. Polymarket uses the UMA optimistic oracle: anyone can propose the outcome and dispute it during a challenge period.
Yes, where Polymarket is available. You connect your own wallet; the bet goes to Polymarket and the money never passes through COINMAG. A COINMAG fee of 1% is added to each bet.
After sweeping the 2026 midterms, Democratic leaders warned that Trump‑related businesses and major tech CEOs will face congressional subpoenas and investigations.
Trump Media & Technology Group transferred 4,259 Bitcoin, worth about $344 million, to Crypto.com, a move that mirrors the BTC pledged for its $1 billion convertible notes.
Kalshi traded $4.15 billion in notional volume on Nov. 3, its highest weekday volume yet but still short of the $5.3 billion record set on Oct. 24.