According to JPMorgan, July 2025 was the most profitable month for Bitcoin miners since the halving that took place in April. Revenue reached a new high despite rising competition and challenges.
Profits and Revenue Growth
JPMorgan analysts Reginald Smith and Charles Pearce confirmed that Bitcoin miners achieved a revenue of $57,400 per exahash in July. This marks a 4% increase from the previous month, yet remains below pre-halving figures.
Mining Difficulty and Competition
In July, the Bitcoin network's hashrate also increased by 4% to 899 EH/s, and mining difficulty jumped by 9%. These factors create pressure on less efficient miners, forcing them to adapt to the new conditions.
Historical Trends and Projections
Analysis of historical cycles indicates that recovery often follows declines. However, the more efficient companies become and the better their technology, the greater the likelihood of survival and success in the market.
July 2025 confirms that Bitcoin miners have adapted to changing conditions and are showing revenue growth. Future prospects remain optimistic if companies continue to develop technology and optimize their operations.
