After half of 2024, Bitcoin mining entered the fifth era, and the block prizes were reduced from 6.25 BTC to 3.125 BTC. This forced miners to think about their activities, optimize performance, reduce energy costs and improve equipment to remain profitable. Cointelegraph research, with the insights of industry experts in Uminers, analyze this transformation in their latest report. The analysis includes an improvement in ASIC performance, corporate performance, geographical expansion and fresh revenue models. When the miners adapt, Bitcoin moves to a fresh era, in which the institutional momentum and sovereign reception can redefine their role in the global financial system.
Download a full report to discover how miners move on this change and what the future will bring for the Bitcoin mining industry.
Reaction of the mining industry to the growing hashrat and shrinking margins
Despite the negative influence by half, Hashrate bitcoin networks He was still climbing. From May 1, 2025, the total computing power of the network reached 831 EH/s. Earlier this month, Hashrate reached the highest level of 921 EH/S, which means an raise of 77% compared to a low level of 519 eh/s. This quick revival emphasizes the relentless pursuit of performance in the industry, because larger mining companies will reinvest in the modernization of the fleet and optimization of energy to maintain profitability.
The mining arms race has always revolved around energy efficiency. With the raise in energy costs, the latest ASIC models from Bitmain, Microbt And Canan additionally optimize the energy required for the abbreviation. Bitmain’s Antminer S21+ provides 216 TH/S at 16.5 J/Th, while Microbt’s Whatsmer M66s+ pushes the cooled efficiency to 17 J/Th. Meanwhile, Giants Semiconductor TSMC and Samsung are driving another wave of innovation, with 3-Nm already used chips and 2 nm technology on the horizon.
Download a full report to discover how miners move on this change and what the future will bring for the Bitcoin mining industry.
Profitability after halging: global change towards affordable energy
The profitability of Bitcoin mining has significantly exacerbated after No. HashPrice, Daily Revenue on Terahash per second, fell from USD 0.12 in April 2024 to around 0.049 USD until April 2025 at the same time, at the same time, at the same time, at the same time, at the same time, at the same time, at the same time, The network difficulty increased to the highest level 123Tmaking it challenging for miners to generate phrases. To remain competitive, operations must extract the maximum value from every used cotton wool. This change intensified the search for affordable, reliable power, driving the mining extension to regions in which energy costs remain low.
Electricity prices are now dictated by the profitability of mining. In Oman, licensed miners utilize subsidies supported by the government, securing electricity at 0.05–, 07 USD per kWh, while in the United Arab Emirates semi -government projects operate even lower rates 0.035–, 045 USD per kWh. These incentives turned the region into the main destination on an institutional scale. Meanwhile, in the United States, where industrial energy costs often exceed $ 0.1 per kWh, miners are in the face of shrinking margins, forcing migration to more profitable locations. Africa, the Middle East and Central Asia appeared as key battlefields in this race, offering the possibilities of energy arbitration that miners need to survive.
What next with Bitcoin mining?
The shelf by half 2024 strengthened the strenuous truth: the performance is no longer optional; It’s a necessity. The industry changes towards slimmer, more optimized operations in which only the most productive power can develop. Boost in AI calculations, global regulatory changes and current hardware progress will continue to shape the sector over the next 12-18 months.
Research Cointelegraph Bitcoin extraction report: observations and trends It offers a division into key forces shaping the profitability of extraction, investments in infrastructure and strategic decision making.
Download a full report to discover how miners move on this change and what the future will bring for the Bitcoin mining industry.
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