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Bitcoin Miners Just Had One of Their Best Quarters on Record, JPMorgan Says

Bitcoin Miners Just Had One of Their Best Quarters on Record, JPMorgan Says

Yahooa day ago

The first quarter of 2025 was one of the best periods on record for U.S.-listed bitcoin BTC mining companies, Wall Street bank JPMorgan (JPM) said in a research report Friday.
"Four of the five operators in our coverage reported record revenue and profits," analysts Reginald Smith and Charles Pearce wrote.
In aggregate, the miners earned gross profit of about $2.0 billion with gross margins of 53%. Those figures compare with $1.7 billion and 50% in the previous quarter, the bank said.
MARA Holdings (MARA) mined the most bitcoin in the bank's coverage universe for the ninth quarter in a row, the report said.
IREN (IREN) earned the most gross profit of the group for the first time, the bank noted. The miner also recorded the "lowest all-in cash cost per coin at just ~$36,400."
Conversely, MARA posted the highest cost per coin of around $72,600, the bank said.
The five mining companies that the bank tracks issued only $310 million of equity in the quarter, a drop of $1 billion from the fourth quarter last year. CleanSpark (CLSK) did not raise any equity in the period, the bank noted.
The bank estimated the companies spent $1.8 billion in total on power, $50 million more than in the previous quarter.
The bank has an overweight rating on CleanSpark, IREN and Riot Platforms (RIOT), and a neutral rating for Cipher Mining (CIFR) and MARA.Sign in to access your portfolio

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Seventh Presale Phase: Bitcoin Solaris Nears Public Launch with 10,000 TPS and 21M Supply Cap
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Seventh Presale Phase: Bitcoin Solaris Nears Public Launch with 10,000 TPS and 21M Supply Cap

By GlobeNewswire Published on June 15, 2025, 15:45 IST TALLINN, Estonia, June 15, 2025 (GLOBE NEWSWIRE) — Bitcoin Solaris (BTC-S), a next-generation blockchain built for speed, accessibility, and long-term sustainability, has officially entered the seventh phase of its token presale, with the public launch now just weeks away. With over $4.5 million already raised and more than 11,500 participants onboard, momentum is surging. Final Opportunity Before Public Launch The presale is currently in Phase 7's last day , with BTC-S tokens priced at $7. The next presale phase will raise the price to $8, with a launch price set at $20. This structured pricing reflects strong demand and limited availability, given the project's fixed supply of 21 million tokens—identical in scarcity to the original Bitcoin. With fewer than eight weeks remaining before public launch, this is the last opportunity for early supporters to participate before BTC-S becomes tradable on major platforms. 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The hard cap of 21 million BTC-S tokens mirrors Bitcoin's scarcity, but the utility goes far beyond holding. Here's how the tokenomics create upward pressure: Tokens are required for staking, validating, and interacting with the ecosystem Time-weighted validator rewards encourage long-term holding No inflationary print cycles—only mined or earned tokens The low total supply paired with strong use cases builds consistent demand BTC-S isn't just another asset to flip, it's a network to participate in. Referral-Driven Growth Fueling Viral Expansion Bitcoin Solaris's Double Rewards Referral Program is a major catalyst behind its exponential community growth. 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The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. 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Seventh Presale Phase: Bitcoin Solaris Nears Public Launch with 10,000 TPS and 21M Supply Cap
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time7 hours ago

  • Associated Press

Seventh Presale Phase: Bitcoin Solaris Nears Public Launch with 10,000 TPS and 21M Supply Cap

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A Scarcity-Driven Token Built for Scalability Bitcoin Solaris takes the best parts of Bitcoin, the 21 million supply cap, and upgrades everything else. While Bitcoin transactions take about 10 minutes to finalize, Bitcoin Solaris pushes blocks every 15 seconds and confirms them in under 2 seconds. This performance comes from a hybrid structure that combines a Proof-of-Work Base Layer with a high-throughput Delegated Proof-of-Stake Solaris Layer. This dual-consensus model: Supports 10,000+ TPS Slashes energy usage by over 99.95% compared to Bitcoin Enables lightning-fast smart contract execution Rotates validators based on weighted contribution and uptime It's the kind of blockchain performance that fits perfectly in a bull market narrative—fast, efficient, and decentralized. A Smarter, Faster, Fairer Bitcoin Is Here—Step Into BTC-S Tokenomics That Ignite Long-Term Demand Beyond the tech, Bitcoin Solaris backs its vision with powerful tokenomics. 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Here's how it works: Anyone who refers new investors earns 5% of their purchases in BTC-S tokens New users who join via a referral also get 5% bonus tokens All rewards are credited automatically via the user dashboard on This viral mechanic has powered over 11,500 users to join the presale in just weeks, turning BTC-S into one of the fastest-growing ecosystems of this cycle. The community is now spreading across Telegram and X , further accelerating its altcoin season momentum. Presale Is Almost Over: The Window Is Closing A detailed video review by 2Bit Crypto breaks down exactly why BTC-S is gaining this much traction—including its audit-approved smart contracts and high-performance infrastructure. The Engine of Wealth in Altcoin Season What sets Bitcoin Solaris apart in this altcoin season isn't just hype—it's architecture. By allowing anyone to participate in mining from a laptop , browser, or upcoming mobile platform, it reduces barriers for earning crypto at scale. 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The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page. Legal Disclaimer: This media platform provides the content of this article on an 'as-is' basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above. Photos accompanying this announcement are available at

What is Bitcoin Mining? Complete Guide for Beginners 2025
What is Bitcoin Mining? Complete Guide for Beginners 2025

Time Business News

time12 hours ago

  • Time Business News

What is Bitcoin Mining? Complete Guide for Beginners 2025

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Factors That Affect Profit: Electricity Price – Cheaper power = more profit Mining Equipment – Newer machines are more efficient Bitcoin Price – When the BTC price goes up, earnings increase Mining Difficulty – The more miners, the harder it gets to mine Most solo miners now join mining pools. These are groups of miners that work together and split the rewards based on their contribution. Is Bitcoin Mining Legal? In many countries, Bitcoin mining is legal. However, due to its energy use and decentralized nature, some governments have banned or restricted it. Legal in: United States Canada Germany Australia India (partially allowed) Banned or Restricted: China Algeria Morocco Always check your local regulations before starting. The Future of Bitcoin Mining (2025 and Beyond) Bitcoin mining is changing fast. Here are the major trends we're seeing in 2025:Green Mining Miners are shifting to renewable energy sources to cut costs and go eco-friendly. 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From verifying transactions to securing the system and releasing new coins, mining plays a crucial role. While the process has become more technical and competitive, it remains an important part of the decentralized future. Whether you're planning to mine yourself or just want to understand how Bitcoin works, mining is the key to it all. subscribe to our updates at In 2025, the world of mining is greener, smarter, and more professional. If you're thinking of getting involved, now is a great time to explore your options—but do your research first. TIME BUSINESS NEWS

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