June 24, 2025

Bitcoin Mining Profitability Increased by Almost 20% in May, Jefferies Says

Bitcoin BTC$105,283.79 mining profitability rose by 18.2% in May, due to a 20% increase in the BTC price and a modest 3.5% gain in the network hashrate, investment bank Jefferies said in a research report on Monday.”BTC’s rally follows the recent gold …

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