Bitcoin Miners Rake In $55K Daily Despite Heat-Driven Hashrate Dip — Here's Their Secret
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 09 2025
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Source: Benzinga
Bitcoin Mining Profitability: Despite a 3% drop in Bitcoin's network hashrate in June, miner revenues increased significantly to around $55,300 per EH/s, driven by a high Bitcoin price of $109,000 and substantial ETF inflows, leading to a 23% rise in the market value of mining firms.
Market Adaptation Strategies: Miners are adapting to challenges by diversifying revenue streams through grid programs, hedging, and leasing idle capacity, indicating a shift from traditional mining strategies towards more flexible operational models as they navigate seasonal impacts and market dynamics.
Analyst Views on FBTC
Wall Street analysts forecast FBTC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FBTC is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 78.490
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
