After the reduction of half of 2024, Bitcoin Mining entered its fifth era and the block awards were reduced by 6.25 BTC to 3.125 BTC. This forced minors to rethink their operations, optimize efficiency, reduce energy costs and upgrade equipment to remain profitable. Cointelegraph Research, with industry expert ideas at Uminers, examines this transformation in its latest report. Analysis covers improvements in ASIC efficiency, business performance, geographic expansion and new income models. While minors adapt, Bitcoin enters a new era where institutional impulse and sovereign adoption could redefine its role in the global financial system.
Download the full report to find out how minors sail in this change and what the future reserves for the Bitcoin mining industry.
The response of the mining industry to the increase in hashrate and the reduction of margins
Despite the unfavorable financial impact of the reduction by half, the hashrate of the Bitcoin network continued to climb. As of May 1, 2025, the total computing power of the network reached 831 EH / S. Earlier in the month, Hashrate culminated at 921 EH / S, marking an increase of 77% compared to the lowest of 2024 of 519 eh / s. This rapid recovery highlights the incessant will of the efficiency of the industry, because the largest mining companies reinvest in the fleet upgrades and the optimization of energy to maintain profitability.
The race for mining weapons has always revolved around energy efficiency. With the increase in energy costs, the latest Bitmain, Microbt and Canaan models more optimize the energy required by hash. Antmin S21 + Bitmain provides 216 TH / S to 16.5 J / TH, while Whatsmin M66s + microbt pushes the performance cooled by immersion at 17 D / Th. Meanwhile, the giants of the TSMC and Samsung semiconductors lead the next wave of innovation, with chips with 3 Nm already used and a technology of 2 Nm on the horizon.
Download the full report to find out how minors sail in this change and what the future reserves for the Bitcoin mining industry.
Post-recompressing profitability: global change towards low-cost energy
The profitability of Bitcoin exploitation has tightened considerably after the overthrow. Hashprice, daily income by Terahash per second, went from $ 0.12 in April 2024 to around $ 0.049 by April 2025. At the same time, the difficulty of the network reached a top of all time, which makes minors more difficult to generate yields. To remain competitive, operations must extract a maximum value of each watt of power consumed. This change has intensified the search for cheap and reliable power, which leads to mining expansion in regions where energy costs remain low.
Electricity pricing now dictates mining profitability. In Oman, approved minors benefit from subsidies supported by the government, guaranteeing electricity from $ 0.05 to $ 0.07 per kWh, while water, semi-government projects operate at even lower rates from $ 0.035 to $ 0.045 per kWh. These incentives transformed the region into a privileged destination for mining on an institutional scale. Meanwhile, in the United States, where industrial power costs often exceed $ 0.1 per kWh, minors are faced with narrowing margins, forcing migration to more profitable locations. Africa, the Middle East and Central Asia have become key battlefields in this race, offering the energy arbitration opportunities that minors need to survive.
What is the next step for Bitcoin operation?
The reduction by half 2024 has strengthened a hard truth: efficiency is no longer optional; It is a necessity. The industry moves to thinner and more optimized operations, where only the most effective minors can thrive. The rise in IA computer science, global regulatory trips and current material progress will continue to shape the sector over the next 12 to 18 months.
Cointelegraph Research’s Bitcoin exploration report: Post-re-colvus insistence and trends Offers a break -based break of key forces shaping the profitability of mines, infrastructure investments and strategic decision -making.
Download the full report to find out how minors sail in this change and what the future reserves for the Bitcoin mining industry.
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