{"id":39132,"date":"2025-07-28T13:46:59","date_gmt":"2025-07-28T13:46:59","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=39132"},"modified":"2025-07-28T13:46:59","modified_gmt":"2025-07-28T13:46:59","slug":"mining-profitability-climbed-over-5-in-june-as-hashrate-fell-btc-price-rose-jefferies","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=39132","title":{"rendered":"Mining Profitability Climbed Over 5% in June as Hashrate Fell, BTC Price Rose: Jefferies"},"content":{"rendered":"
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Bitcoin (BTC) mining profitability increased 5.3% in June, buoyed by a 1.2% increase in the cryptocurrency’s price and a 6.7% drop in the network hashrate, according to a report by investment bank Jefferies. <\/p>\n

The hashrate refers to the total combined computational power used to mine and process transactions on a proof-of-work<\/a> blockchain, and is a proxy for competition in the industry and mining difficulty. It is measured in exahashes per second (EH\/s).<\/p>\n

The profitability boost came as extreme summer heat across the U.S. drove up energy prices, prompting less efficient miners to throttle operations.<\/p>\n

So far in July, bitcoin has surged past $123,000, to set a new all-time high driven by increasingly favorable crypto regulation<\/a> and a weakening U.S. dollar following tariff-related comments from President Donald Trump. The macro and regulatory backdrop has intensified investor interest and provided a fresh tailwind for mining firms, the report said.<\/p>\n

Despite the improved profitability, North American public miners saw a month-over-month decline in bitcoin production, analysts Jonathan Petersen and Jan Aygul wrote.<\/p>\n

In June, they mined a total of 3,382 BTC, down from 3,754 in May. They accounted for 25.1% of the global network, versus 26.3% the prior month, the report noted.<\/p>\n

MARA (MARA) led in output with 713 BTC mined, followed by CleanSpark with 685 tokens.<\/p>\n

MARA also maintained its lead in energized hashrate, posting 57.4 EH\/s at the end of June, down slightly from May\u2019s 58.3 EH\/s. CLSK held the second-highest hashrate at 45.3 EH\/s, the bank said.<\/p>\n

Bitcoin mining economics improved last month. A hypothetical 1 EH\/s mining fleet would have generated approximately $57,000 in daily revenue during June, up from $54,000 in May, the report added.<\/p>\n

Read more: Bitcoin Network Hashrate Declined in June as Miners Reacted to Recent Heatwave: JPMorgan<\/span><\/a><\/em><\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Bitcoin (BTC) mining profitability increased 5.3% in June, buoyed by a 1.2% increase in the cryptocurrency’s price and a 6.7% drop in the network hashrate, according to a report by investment bank Jefferies. The hashrate refers to the total combined computational power used to mine and process transactions on a proof-of-work blockchain, and is a […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-39132","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/39132","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=39132"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/39132\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=39132"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=39132"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=39132"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}