Bitcoin Rallied, Mining Economics at 8 Month High

Bitcoin returned to an eight-month high as ETF inflows accelerated, but miners captured only a part of the rally. A short-term hashrate peak pushed difficulty higher, leaving hashprice stuck near $40/PH/day. Despite margins still being under pressure, PowerCompute announced they add 11.8% more hashrate without adding power. This case shows how smaller operators can still improve their position. Meanwhile, new rules in Texas are raising the cost of securing future power, turning queue...