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Crypto News

Bitcoin Miners Cash In: $84K Price Triggers Historic Profit Surge Amid Energy Market Shift

Bitcoin Miners Cash In: $84K Price Triggers Historic Profit Surge Amid Energy Market Shift
  • PublishedApril 17, 2025

Bitcoin’s rally is creating a windfall for miners, with industry profits hitting $42M/day – the highest since November 2021. The surge comes as:

Miner Economics Improve:

  • Hash price jumps to 0.12/TH/day ( 90 − day high )
  • Production costs fall to 38K/BTC with new ASICs
  • Texas energy credits slash power costs by 40%

Public miner reactions:
✓ Riot Platforms (RIOT) up 62% YTD
✓ Marathon Digital (MARA) adding 12 EH/s capacity
✓ CleanSpark (CLSK) buying 4 new Georgia sites

“The 84K breakout changes everything.” said Luxor′s Ethan Vera.

  • 32M / week for grid stability
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