Bitcoin Mining Profitability Soars As End of 2023 Approaches: Daily Revenue Hits New High. As 2023 ends with just 55 days remaining, bitcoin mining profitability has soared, with daily revenue returns of $76 for each petahash per second (PH/s) as of November 5. A mining device capable of producing 200 terahashes per second (TH/s) at an electricity cost of $0.07 per kilowatt-hour (kWh) is expected to generate net income of around $14.12 for a full day at the prevailing BTC rate.

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