Uploaded September 2026 | Updated September 2026, 5 days ago
Bitcoin hashprice jumped to $41.13/PH/s this week, up 9%, and the entire six-month forward curve came up with it. The curve didn't just lift, it flattened.
THIS WEEK'S NUMBERS
(data as of September 22, 2026)
🟠 SPOT hashprice: ⛅ $41.13/PH/s, up $3.41 from $37.72 the week before
🌡️ "FEELS LIKE" energy hashprice:
☀️ 14 J/TH or better — ~$122/MWh
☀️ 15 to 19 J/TH — $90–$114/MWh
🌤️ 20 to 25 J/TH — $69–$86/MWh
SIX-MONTH forward curve:
☀️ September $41.13
🌤️ October $40.63
⛅️ November $39.50
☁️ December $38.38
☁️ January $37.88
🌧️ February $37.38
📉 CURVE slope: about -9% from spot to February, versus about -12% a week ago
Every week we turn the hashprice market into a forecast: where spot sits now, what it "feels like" as a $/MWh energy hashprice by machine efficiency, and where the six-month forward curve says things are headed. Built on Luxor's Live Hashrate Forward Curve and Hashrate Index data.
CHAPTERS
0:00 Cold open
0:11 Current hashprice
0:22 "Feels-like" hashrate by efficiency tier
1:10 6-month forward curve
1:37 Why the curve flattened, 12% to 9%
TRACK THE DATA
Bitcoin Hashprice Index: https://hubs.li/Q04y5d9g0
Hashrate forwards and derivatives: https://hubs.li/Q04y5ddm0
Mining profitability calculator: https://hubs.li/Q04y5dfd0
Get the weekly Roundup: https://hubs.li/Q04y5ddn0
Hashrate Index blog: https://hubs.li/Q04y5djT0
ABOUT
Hashrate Index is Luxor's Bitcoin mining market data platform: hashprice, hashrate, ASIC prices, and the analytics miners and trading desks use to price risk. Luxor builds the mining pool, firmware, derivatives, and data behind the industry.
FOLLOW
Hashrate Index X: https://hubs.li/Q04y5dc50
Telegram: https://hubs.li/Q04y5dg40
Bitcoin hashprice jumped to $41.13/PH/s this week, up 9%, and the entire six-month forward curve came up with it. The curve didn't just lift, it flattened.
THIS WEEK'S NUMBERS
(data as of September 22, 2026)
🟠 SPOT hashprice: ⛅ $41.13/PH/s, up $3.41 from $37.72 the week before
🌡️ "FEELS LIKE" energy hashprice:
☀️ 14 J/TH or better — ~$122/MWh
☀️ 15 to 19 J/TH — $90–$114/MWh
🌤️ 20 to 25 J/TH — $69–$86/MWh
SIX-MONTH forward curve:
☀️ September $41.13
🌤️ October $40.63
⛅️ November $39.50
☁️ December $38.38
☁️ January $37.88
🌧️ February $37.38
📉 CURVE slope: about -9% from spot to February, versus about -12% a week ago
Every week we turn the hashprice market into a forecast: where spot sits now, what it "feels like" as a $/MWh energy hashprice by machine efficiency, and where the six-month forward curve says things are headed. Built on Luxor's Live Hashrate Forward Curve and Hashrate Index data.
CHAPTERS
0:00 Cold open
0:11 Current hashprice
0:22 "Feels-like" hashrate by efficiency tier
1:10 6-month forward curve
1:37 Why the curve flattened, 12% to 9%
TRACK THE DATA
Bitcoin Hashprice Index: https://hubs.li/Q04y5d9g0
Hashrate forwards and derivatives: https://hubs.li/Q04y5ddm0
Mining profitability calculator: https://hubs.li/Q04y5dfd0
Get the weekly Roundup: https://hubs.li/Q04y5ddn0
Hashrate Index blog: https://hubs.li/Q04y5djT0
ABOUT
Hashrate Index is Luxor's Bitcoin mining market data platform: hashprice, hashrate, ASIC prices, and the analytics miners and trading desks use to price risk. Luxor builds the mining pool, firmware, derivatives, and data behind the industry.
FOLLOW
Hashrate Index X: https://hubs.li/Q04y5dc50
Telegram: https://hubs.li/Q04y5dg40
