COINTURK NEWS – Bitcoin, Blockchain and Cryptocurrency News and Analysis

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The Bitcoin (BTC) $103,631 mining sector kicked off 2025 on a positive note. According to JPMorgan’s analysis, 12 out of 14 mining companies outperformed Bitcoin’s performance in the first two weeks of the year. During this period, the network’s hashrate increased by 2% to reach 793 exahash/second, marking a 51% rise compared to the same timeframe last year.

Mining Profitability Increased

The hashrate on the Bitcoin network reflects the intensity of mining activities and competition within the sector. JPMorgan’s report indicates that the daily mining profitability, known as hashrate price, declined by only 1% compared to the end of last year. According to the bank’s analysts, miners earned approximately $54,900 daily for each EH/s in the first two weeks of January, representing a 2% decrease from the previous month.

Bitcoin Mining

The combined hashrate of 14 major mining companies based in the United States has doubled in the last 12 months, accounting for 30% of the global network. The total market value of these companies increased by 16% to $4.5 billion in the first two weeks of the year.

Riot Platforms led with a 32% increase, while Bitdeer experienced the worst performance with a 4% decline.

Bitcoin’s Sector Performance

Since the halving event in April 2024, Bitcoin’s value has increased by 56%, with a year-over-year rise of 134%. This significant value growth for the largest cryptocurrency presents a major expansion opportunity for the mining sector. JPMorgan noted that the increase in hashrate surpassing Bitcoin’s price movements has intensified competition within the industry.

The strong start of mining companies paints an optimistic picture for the cryptocurrency market in 2025. With increased network power and market values, the sector is now under closer observation.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.



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