PANews|Oct 08, 2026 14:58
[Report: Bitcoin Miners Exit Pressure Zone, Daily Revenue Rebounds 78% from July Lows]
CryptoQuant's weekly report states that as Bitcoin rebounded approximately 45% from its July low of $58,000 to over $83,000, miners have exited the pressure zone. The total network hash rate has risen from 899 EH/s on July 31 to 962 EH/s, and miners' daily revenue has increased from $27 million to $48 million. Since August 21, miners' profitability has shifted from 'severely underpaid' to 'reasonable returns,' with no further extreme miner outflows observed, and large miners' balances have stabilized.
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