Key Background. The halving—a quadrennial event that reduces the number of bitcoins miners generate in each block—dropped Bitcoin’s block subsidy from 6.25 BTC to 3.125 BTC.

Miner hashprice, a metric that gauges mining profit margins, has fallen below $36 petahash per second (PH/s) — a record low according to a recent Blockbridge report.

According to TheMinerMag, 9 out of 13 public mining companies had a total implied hash cost exceeding $55/PH/day in Q1 2024. These costs are above the current hash price of $54/PH/day , which ...

The largest U.S. bank says in a report that Bitcoin mining profitability is now at its highest level since April 2024 when the latest halving event reduced the available supply of BTC by 50%.

The strategic repositioning of mining operations to areas with cheaper energy and more renewable sources highlights the practical impact of these innovations.

Bitcoin mining profitability is at a record low, the report said. The aggregate market cap of the U.S.-listed bitcoin miners tracked by the bank fell 15% last month, JPMorgan said. The bank noted ...