BTCC
/
BTCC Square
/
CoindeskEN
/
Bitcoin Mining Profitability Jumps 2% in July as BTC Surges – Jefferies Data Reveals Bullish Momentum
Bitcoin Mining Profitability Jumps 2% in July as BTC Surges – Jefferies Data Reveals Bullish Momentum
16
2
Bitcoin miners just caught a break—profit margins squeezed 2% higher last month as BTC's price rally offset energy costs. Finally, some good news after months of brutal capitulation.
Jefferies' report confirms what the hash rate hinted at: miners are back in the black (barely). But don't pop champagne yet—this 'profitability surge' wouldn't cover a Wall Street analyst's lunch bill.
The real story? Bitcoin's resilience. While traditional markets flinch at Fed whispers, BTC miners keep stacking sats—proving once again that crypto marches to its own drum machine.
By:
