
PANews|Sep 16, 2025 01:07
[Jefferies Investment Bank Report: Bitcoin Mining Profitability Declined by 5% in August]
According to CoinDesk, investment bank Jefferies reported on Sunday that Bitcoin mining profitability fell by 5% last month due to increased network hash rate. The analyst team led by Jonathan Petersen stated that if miners have a hash rate of 1 EH/s, daily revenue in August was approximately $55,000, down from $58,000 in July and $44,000 a year ago. In August, publicly listed mining companies in the U.S. mined a total of 3,573 Bitcoins, fewer than July's 3,598, and these miners accounted for 26% of the Bitcoin network's hash rate, unchanged from July. Among them, MARA Holdings (MARA) achieved the most outstanding mining results, producing 705,703 Bitcoins, followed by IREN. Additionally, MARA had the largest available hash rate among these companies at 59.4 EH/s, with CleanSpark closely behind at 50 EH/s.
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