Definition
Hash price represents how much revenue one terahash per second of mining power generates per day, expressed in USD/TH/day. It combines the effects of Bitcoin price, network difficulty, and transaction fees into a single metric.
When hash price is high, mining is more profitable; when low, less profitable. Hash price tends to spike after halvings (briefly) and during periods of high Bitcoin price relative to difficulty. It is a useful benchmark for evaluating whether to mine, sell hashrate, or purchase new hardware.
In Simple Terms
Revenue per terahash per day. A key metric showing the economic value of mining power at any given time.
