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Bitcoin miners' total revenue in May reached approximately $1.09B, marking the first time since January 2026 that it has surpassed $1 billion, with about $1.08B coming from block subsidies and a relatively small contribution from transaction fees.
Although May's revenue rebounded, miners' profitability came under pressure again after BTC prices recently fell below $66k.
Over the past 30 days, miners' unit hash rate revenue (Hashprice) decreased by about 17.8%, dropping from $37.44 per PH/s per day to approximately $30.77, and the total network hash rate also declined from around 1,000 EH/s to below 975 EH/s. (Bitcoinnews)