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Bitcoin Miners Strike Gold: June Profits Surge 5% as Hashrate Dips & BTC Price Soars (Jefferies Data)
Bitcoin Miners Strike Gold: June Profits Surge 5% as Hashrate Dips & BTC Price Soars (Jefferies Data)
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Mining margins flexed muscle last month—hashrate dropped, BTC rallied, and profits punched 5% higher. Wall Street analysts at Jefferies just spilled the metrics.
The Hashrate Paradox
Fewer machines grinding, more coins pocketed. Network efficiency quietly outmaneuvered the bears.
BTC’s Price Pump: The Silent Partner
No surprise here—when Bitcoin climbs, rigs print money. Even the CFOs remembered to smile between energy bill panic attacks.
*‘Efficiency gains’—because Wall Street loves a comeback story starring hardware they’ll never touch.*
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