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Bitcoin Miners Feel the Squeeze as Hashrate Surge Eats Into Profits

Bitcoin Miners Feel the Squeeze as Hashrate Surge Eats Into Profits

Coindesk
Author:
Coindesk
Release Time:
2025-05-21 12:53:58
0

Bitcoin Mining Profitability Fell in April as Network Hashrate Rose: Jefferies

Network security hits new highs—but at what cost? April’s rising hashrate slammed mining margins, turning the crypto gold rush into a game of survival of the fittest.

Wall Street analysts shrug: ’Another day, another volatility headache for crypto’s backbone industry.’ Meanwhile, TradFi brokers still can’t decide if Bitcoin is a commodity or a meme.

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