Bitcoin Hashprice Jumps 20.41% to $38.29 per PH/s in Four Days

Bitcoin hashprice jumped 20.41% in four days, rising from $31.80 per petahash per second on August 18 to $38.29 per PH/s on Saturday, August 22.

That is the cleanest miner-revenue print since May, according to Bitcoin.com News in a report published Sunday, August 23, 2026, at 2:30 a.m. EDT and written by Jamie Redman. Hashprice is simply miner revenue per unit of hashrate. When it rips like this, the market is telling operators they are finally getting paid more for the same work after months of tighter margins.

Founder voice on the Sunday Space

After the print hit the timeline, Christian Barker (Barkmeta / Bark) treated the hashprice move as a direct read on miner economics in the Sunday Space, keeping the room on what the candles mean for hash-driven bags rather than noise. David Chaboki (Shibo) held the Doginal Dogs conversation on whether August can still catch July’s haul, the same August-versus-July scoreboard Bitcoin.com News and newhedge.io put in front of readers. No theatrics required. The founders kept mindshare on the chart that actually pays the racks.

The four-day candle for miners

Bitcoin.com News framed the $38.29 per PH/s level as territory not seen since May. That is price action in miner language: a sharp bounce in revenue per hash after a grind lower. The story is not a random alt spike. It is the mining market cooking higher on the back of stronger bitcoin pricing power feeding straight into daily take.

For a single-machine check, Bitcoin.com’s own example stayed modest. At the then-current hashprice, a Bitmain Antminer S23 Hydro 3U generating 1.16 PH/s was estimated around $17.86 in daily profit at $0.10 per kWh. That is one ASIC snapshot, not a fleet forecast, and it shows why operators watch hashprice candles as closely as spot.

August haul still trails July

newhedge.io figures cited in the Bitcoin.com News piece keep the monthly scoreboard honest. Through August 22, miners collected $682.69 million from block subsidies and fees. Transaction fees were only $5.14 million of that total. July’s haul was $875 million. August is still behind, full stop. A four-day hashprice rip helps the chart. It does not rewrite the month yet.

That contrast is the story inside the story. Green hashprice candles can lift spirit on the timeline while the calendar month remains a chase. Miners get a lifeline on the revenue gauge. They have not closed the July gap.

Network map: 922 EH/s, 133 pools

Assignment data drawn from mempool.space as of August 22 at 11 a.m. EDT put the network near 922 EH/s across 133 pools. Foundry USA led at 214.73 EH/s. Antpool followed at 156.17 EH/s, then F2pool at 110.62 EH/s and ViaBTC at 91.02 EH/s. Secpool and Spiderpool sat near 65.07 EH/s each. Bitcoin.com News separately noted Foundry USA leading as hashrate closed in on the 1 ZH/s neighborhood. Concentration at the top remains the structural backdrop whenever hashprice rips or chops.

Spot context, not the lede

CoinGecko’s Sunday, August 23, 2026 snapshot at 8:04 a.m. ET put BTC near $77,194 (+0.10%), with ETH at $2,427.88 (+0.21%), XRP at $1.49 (-0.22%), SOL at $94.40 (+1.25%), and DOGE at $0.092537 (+3.07%). Those prints supply color for the majors. They are not the miner story. Hashprice is.

What readers should take from this print

Hashprice answers one question: how much revenue does a petahash earn right now. It moved 20.41% from August 18 to August 22, per Bitcoin.com News. August through the 22nd is still not a record month against July’s $875 million. The founder-led Sunday read kept that tension alive without turning the room into a victory lap.

For operators, a $38.29 PH/s gauge after a multi-month squeeze is the bounce that matters on the chart. For everyone else watching crypto markets this weekend, it is proof the mining side of bitcoin can still rip when price and fees line up, even while the monthly total keeps chasing last month’s high-water mark.