- Bitcoin mining reached peak profitability in July 2025 post-halving.
- JPMorgan’s analysis highlights a 4% revenue rise in July.
- Increased competition observed with a 9% jump in mining difficulty.
JPMorgan reports July 2025 as the most profitable month for Bitcoin miners post-April 2024 halving, with daily revenue spiking to $57,400 per exahash.
The uptick signals post-halving recovery and highlights competitiveness in the mining sector as market adjustments continue, reflecting increased operational efficiency.
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JPMorgan analysis reveals July 2025 as the most profitable month for Bitcoin miners since the April 2024 halving, with a 4% increase in revenue, reaching $57,400 per exahash.
MARA Holdings experienced significant gains, reporting a 64% YoY revenue increase, contributing to higher miner profitability. Reginald L. Smith, Analyst at JPMorgan, noted, “July 2025 marked the most profitable month for Bitcoin miners since the April 2024 halving, with daily revenue per exahash reaching $57,400.”
Industry impacts include a 4% rise in the network hash rate and 9% increased mining difficulty. This reflects intensifying competition among miners.
Financial implications are evident in Bitcoin miners outperforming asset prices, with MARA Holdings showcasing strong financial results despite the competitive landscape.
Bitcoin’s profitability increase indicates broader economic shifts with mining stocks like ARBK gaining and CORZ declining.
JPMorgan’s data suggests potential future shifts in miner behavior, with likely sell pressures on assets such as Polkadot. Market adaptation remains a crucial focus due to historical post-halving trends.
