BTChub

Dispatches · Monitor briefs · A BTChub original

Monitor brief: Week 41, Oct 5–Oct 11, 2026

Bitcoin fell 3.3% to $83,676; a typical modern miner could pay up to 8.3¢ per kWh for power ($83/MWhMWhMegawatt-hour, 1,000 kWh: the unit wholesale power is priced in. $76 per MWh is 7.6¢ per kWh, the unit on a household bill.), and wholesale power at ERCOTERCOTThe Electric Reliability Council of Texas: the operator of most of Texas's power grid and its wholesale electricity market, home to many US Bitcoin miners. Houston hub averaged 4.2¢ ($42/MWh).

In plain words: a typical modern miner could pay up to 8.3¢ per kWh for power that week and still cover it. Wholesale power at the ERCOT Houston hub averaged 4.2¢ per kWh, so running paid on 6 of 6 days (by daily average).

  • Bitcoin close$83,676down 3.3% on the week
  • HashpricehashpriceWhat a miner earns per unit of hashpower per day — revenue divided by hashrate. It falls as competition rises or price drops.See it on the site →$39.64/PH/daywhat 1 PH/sPH/sPetahashes per second: a quadrillion guesses a second, the unit for a fleet of mining machines. One current machine does about 0.2 PH/s (200 TH/s). of machines earned a day from new coins, at the Oct 11 close
  • Breakevenbreakeven power priceThe most a miner can pay for electricity and still cover it from what its machines earn. Below it, running pays; above it, switching off saves money. Electricity only.See it on the site → power$83/MWh= 8.3¢ per kWh: the most a 20 J/THJ/THJoules per terahash: how much electricity a mining machine burns for each unit of work. Lower is more efficient. New machines are around 15–20; older ones 30 or more. machine could pay for power
  • DifficultydifficultyA protocol setting that adjusts every ~2 weeks to keep blocks arriving about every 10 minutes, rising and falling with hashrate.See it on the site →−0.03%mining got easier, so each machine earns more (vs the prior weekly sample, 2026-10-07)

power vs breakeven

Grid hubAverage powerDays running paidLeft after power, per PH/s a day
ERCOT Houston hub4.2¢/kWh ($42/MWh)6 of 6$19.54
ERCOT North hub3.7¢/kWh ($37/MWh)6 of 6$21.86
ERCOT West hub4.3¢/kWh ($43/MWh)6 of 6$18.80
ERCOT South hub4.5¢/kWh ($45/MWh)6 of 6$17.92
MISO Indiana hub4.3¢/kWh ($43/MWh)7 of 7$19.03
NYISO New York City zone4.0¢/kWh ($40/MWh)7 of 7$20.24

No reported node averaged a day above the $83/MWh breakeven this week. Averages are of daily means of 5-minute real-time prices (LMPLMPLocational marginal price: the wholesale price of power at one point on the grid, set every few minutes by the costliest plant needed to meet demand there.); hubs with under 5 days of data are left out. Hub prices are not a tariff.

sources

  1. Bitcoin daily closes — Kraken (via BTChub's public/btc-history.json)
  2. Difficulty, weekly samples — mempool.space, https://mempool.space/api/v1/mining/hashrate/3y
  3. Daily average real-time LMP — Dryos public API (ISO real-time LMP), https://api.dryos.ai/v1/datasets, snapshot 2026-10-16

Generated from data committed to the site; the numbers on this page do not change after publication. Method: methodology.

← Week 40, Sep 28–Oct 4, 2026