{"id":9031,"date":"2025-01-22T09:47:04","date_gmt":"2025-01-22T09:47:04","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=9031"},"modified":"2025-01-22T09:47:04","modified_gmt":"2025-01-22T09:47:04","slug":"bitcoin-mining-economics-expected-to-be-stable-profitable-in-2025-canaccord-says","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=9031","title":{"rendered":"Bitcoin Mining Economics Expected to Be Stable, Profitable in 2025, Canaccord Says"},"content":{"rendered":"
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Bitcoin (BTC) mining is likely to remain profitable this year with the economics of production holding steady, Canaccord Genuity said in a research report Tuesday.<\/p>\n

The broker said mining fundamentals are strong, “with cost-to-mine sitting somewhere in the ~$26,000-$28,000 range per bitcoin for most leading players.”<\/p>\n

The world’s largest cryptocurrency was trading around $105,000 at publication time.<\/p>\n

Management and investor attention is also increasingly being drawn toward alternative uses for these companies’ sizable power supplies, especially artificial intelligence (AI) data center hosting.<\/p>\n

Bitcoin miner Core Scientific (CORZ) signed a 12-year contract<\/a> with AI hyperscaler CoreWeave in June last year. The deal was viewed as a game changer for the sector.<\/p>\n

“Early demand forecasts point toward AI dwarfing the traditional cloud hosting market over time,” analysts led by Joseph Vafi wrote.<\/p>\n

More co-hosting deals are expected to be announced early this year, with potential news from Galaxy Digital (GLXY) and Applied Digital (APLD), the report said.<\/p>\n

Many of the larger publicly traded miners are using their access to capital to upgrade their fleets following last April’s reward halving event<\/a>, and this is strengthening their competitive position and share of the network hashrate, Canaccord said.<\/p>\n

The hashrate<\/a> 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.<\/p>\n

Read more: Bitcoin Miners Have Started 2025<\/a> on a Strong Footing, JPMorgan Says<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Bitcoin (BTC) mining is likely to remain profitable this year with the economics of production holding steady, Canaccord Genuity said in a research report Tuesday. The broker said mining fundamentals are strong, “with cost-to-mine sitting somewhere in the ~$26,000-$28,000 range per bitcoin for most leading players.” The world’s largest cryptocurrency was trading around $105,000 at […]<\/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-9031","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\/9031","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=9031"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/9031\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9031"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9031"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9031"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}