Investment bank Jefferies reports that bitcoin mining profits have declined by 5%.
2025-09-16 01:37:39
Investment bank Jefferies reported on Sunday that bitcoin mining profits fell 5% last month due to an increase in network computing power. A team of analysts led by Jonathan Petersen said that if the mining team had 1 EH/s, it would have earned about $55,000 a day in August, down from $58,000 in July and $44,000 a year ago. US-listed mining companies mined 3,573 bitcoins in August, down from 3,598 in July, and these miners accounted for 26% of the Bitcoin network's computing power, the same as in July. Among them, MARA Holdings (MARA) has the most outstanding mining performance, generating 705,703 bitcoins, followed by IREN. In addition, MARA has the largest hashrate available among these companies at 59.4 EH/s, followed by CleanSpark at 50 EH/s.
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