PANews reported on August 17th, according to Coindesk. Investment bank Jefferies stated in a research report that Bitcoin mining profitability increased by 2% in July, driven by a 7% increasePANews reported on August 17th, according to Coindesk. Investment bank Jefferies stated in a research report that Bitcoin mining profitability increased by 2% in July, driven by a 7% increase
Report: Bitcoin mining profitability increased 2% in July, driven by rising Bitcoin prices
PANews reported on August 17th, according to Coindesk. Investment bank Jefferies stated in a research report that Bitcoin mining profitability increased by 2% in July, driven by a 7% increase in BTC prices and a 5% rise in network hash rate. The report stated that US-listed mining companies mined a total of 3,622 Bitcoins in July, compared to 3,379 the previous month; these companies accounted for 26% of the network, compared to 25% in June. IREN (IREN) mined the most Bitcoin, with 728 tokens, followed by MARA Holdings (MARA) with 703 BTC. MARA's hash rate remained the highest in the sector, at 58.9 exahashes per second (EH/s) as of the end of July, with CleanSpark (CLSK) in second place at 50 EH/s.
Market Opportunity
Lorenzo Protocol Price(BANK)
$0.04606
$0.04606$0.04606
USD
Lorenzo Protocol (BANK) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Legendary Trader Peter Brandt Spots ‘Very Reliable’ Bitcoin Pattern as $90,000 Break Fails to Hold
The post Legendary Trader Peter Brandt Spots ‘Very Reliable’ Bitcoin Pattern as $90,000 Break Fails to Hold appeared on BitcoinEthereumNews.com. Legendary trader
Share
BitcoinEthereumNews2025/12/23 10:42
Elon Musk’s xAI partners with Pentagon to implement AI in US military systems
The post Elon Musk’s xAI partners with Pentagon to implement AI in US military systems appeared on BitcoinEthereumNews.com. Key Takeaways Elon Musk’s xAI will provide
Share
BitcoinEthereumNews2025/12/23 09:46
ArtGis Finance Partners with MetaXR to Expand its DeFi Offerings in the Metaverse
By using this collaboration, ArtGis utilizes MetaXR’s infrastructure to widen access to its assets and enable its customers to interact with the metaverse.
Share
Blockchainreporter2025/09/18 00:07