Definition ∞ Hash Price is a metric that represents the expected revenue generated per unit of hashing power over a specific time frame, typically calculated daily. It accounts for the current cryptocurrency price, network difficulty, and block rewards. This value is a key indicator for cryptocurrency miners.
Context ∞ News outlets frequently reference hash price when reporting on the profitability and operational health of the cryptocurrency mining sector. Fluctuations in hash price directly influence miners’ decisions regarding hardware upgrades and operational scale. A decline in hash price can signal increased competition or reduced market value, potentially leading to industry consolidation.