Buy hashrate, or mine it
On the left, what buying hashrate costs today. On the right, hashprice — what the same hashrate earns from mining at today's bitcoin price, block subsidy and fees. The gap between them is what the market pays for not having to buy and cool machines.
Hashrate on the market costs more than it currently mines.
What 1 PH/s costs you
The cost of renting one petahash per second at the cheapest price in the book, next to an estimate of what that hashrate mines over the same period. Withdrawal fees excluded.
| Period | You pay | Mines (estimate) | Difference |
|---|---|---|---|
| 1 day | 49,071 sat | 43,906 sat | -5,165 sat |
| 7 days | 343,497 sat | 307,344 sat | -36,153 sat |
| 30 days | 1,472,130 sat | 1,317,190 sat | -154,940 sat |
Order book
How much hashrate sits at each price level, and how much in total if you fill from the cheapest offer upward. It shows how far up the price you must go for a large volume.
The highest bid is 66.02 sat/TH/day — buyers are willing to pay more than the cheapest offer asks, which is why hashrate gets matched.
Price over the last 30 days
Daily closing price. The range shows how much the price of hashrate moves.
Latest trades
Actually executed prices, as the market publishes them.
- 50.36 sat / TH / day14:06
- 52.72 sat / TH / day14:06
- 50.49 sat / TH / day14:06
- 50.60 sat / TH / day14:06
- 50.38 sat / TH / day14:06
- 50.27 sat / TH / day14:06
- 50.59 sat / TH / day14:06
- 52.90 sat / TH / day14:06
What a hashrate market is
Hashrate can be bought like a commodity. On the Braiins Hashpower spot market a buyer places a bid in satoshis per EH/day — one exahash per second delivered for one day — and miners offer their hashrate on the other side. The buyer receives the rewards their rented hashrate mines, without buying a single machine.
That creates a price you cannot see anywhere else: the market value of computing power. Interesting on its own, but it only takes shape next to hashprice, which says what a terahash earns from mining per day. When the market price sits below it, renting hashrate is cheaper than mining. When it sits above, buyers are paying a premium — usually because they expect bitcoin to rise or difficulty to fall.
Prices move with difficulty, with the bitcoin price and with block fees, so the premium is not a constant. The order book adds a second dimension: how much hashrate can be bought at all, and at what price once you want size. Utilisation then says what share of the offered hashrate is currently matched with demand.
The figures come from the public Braiins Hashpower market data. This is not investment advice, and renting hashrate carries its own risks — chiefly that rewards depend on difficulty and the bitcoin price, both of which move during the rental.
Source: hashpower.braiins.com. Not investment advice.