Bitcoin mine workers are facing renewed financial pressure such as falling transaction fees and a hashprice drop push -drift costs higher, according to ThemineMag’s report from February 2025.
Bitcoin’s hashrate rose 3.8% in February to 810 EH/S and showed a slowdown in mining competition growth. However, the hash price (the income that miners earn per unit of computing power) slipped to $ 45/pH/s, wiped out gains in the US election -driven price increase. At this level, ineffective miners feel the load.
Transaction fees accounted for only 1.3% of total block payments in February and marked their lowest proportion since Last Bear Market Bottom in 2022. March is even lower at 1.12% so far.
These factors with increased competition from Artificial Intelligence (AI) Data Centre- Put extra pressure on mining, which depends on hosting agreements and active lighting strategies.
Mara remains industrial leader with 44 EH/S after a 6% hash rate increase, while cleanspark rose 12% to 39 EH/S. Meanwhile, the total Bitcoin stocks among miners among miners surpassed 100,000 BTC for the first time, despite some companies such as Hive Digital and Cipher Mining that sold their production to financing expansion.
Mining stocks got a hit where the total market value of 15 larger companies fell from $ 36 billion in January to $ 22 billion in March. Cipher, Canaan, Hut 8, Hive and Bitde then all losses over 40%.
As the network’s growth slowdown and energy costs rise, miners may have a Bitcoin price prisrally to avoid further financial load.
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