Analysis: In July, Bitcoin mining profits rose by 2%, and the proportion of US-listed mining companies increased.

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According to ChainCatcher news and a report from CoinDesk, investment bank Jefferies reported that Bitcoin mining profitability rose by 2% in July, mainly benefiting from a 7% increase in Bitcoin prices and only a 5% growth in overall Computing Power. The publicly listed mining companies in the United States produced 3,622 BTC that month, accounting for 26% of the entire network, an increase of 1 percentage point compared to June. According to data, IREN became the highest-producing mining company in July with 728 BTC, while MARA ranked second with 703 BTC. Currently, the daily revenue per EH/s of Computing Power is about $57,000, a rise of 14% compared to the same period last year. Analysts point out that the rise in Bitcoin prices is most beneficial to digital asset companies like Galaxy.

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GateUser-de132ec3vip
· 17h ago
Paying close attention🔍eth and btc will soon fall
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