Increasing institutional interest is reshaping Bitcoin mining, with US pools now controlling over 40% of the global hashrate. Companies are diversifying their operations into AI computing, further enhancing their revenue sources.
Despite varying costs, Bitcoin mining remains profitable. Institutional miners can leverage transaction fees, with daily revenues fluctuating between $360,000 and $1.3 million, solidifying the economic viability of mining.
Optimism in Bitcoin mining is rising, particularly after the US presidential election outcomes. Given substantial investments and IPO plans, the industry is positioned for significant growth, indicating a potential surge in Bitcoin’s value.
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