Bitcoin mining profitability fell by more than 7% in September, according to a report from Jefferies. This decline highlights ongoing challenges within the cryptocurrency mining sector. Various factors contribute to this downturn, including market conditions and operational costs that impact miners’ earnings. Jefferies’ analysis indicates that these challenges may persist, affecting the overall landscape of Bitcoin mining. The report suggests that miners may need to adapt their strategies to navigate the current environment effectively.
Last updated on October 20th, 2025 at 01:34 pm
