Bitcoin Miners Start 2025 with Remarkable Performance and Optimism

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Coin-Turk 10 months ago 307

The Bitcoin (BTC ($86,939.00)) $103,631 mining sector kicked off 2025 on a positive note. According to JPMorgan’s analysis, 12 out of 14 mining companies outperformed Bitcoin’s performance in the first two weeks of the year. During this period, the network’s hashrate increased by 2% to reach 793 exahash/second, marking a 51% rise compared to the same timeframe last year.

Mining Profitability Increased

The hashrate on the Bitcoin network reflects the intensity of mining activities and competition within the sector. JPMorgan’s report indicates that the daily mining profitability, known as hashrate price, declined by only 1% compared to the end of last year. According to the bank’s analysts, miners earned approximately $54,900 daily for each EH/s in the first two weeks of January, representing a 2% decrease from the previous month.

Bitcoin Mining
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