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Bitcoin miners are seeing a resurgence as BTC prices surge to new highs. Nasdaq-listed Bitdeer reported an 18% increase in BTC production in May, signaling a recovery for the industry.
- Bitdeer increased its hashrate to 13.6 EH/s in May, up from 12.4 EH/s in April, due to new mining machinery.
- Post-halving, Bitcoin miner rewards dropped from 6.25 BTC to 3.215 BTC per block, squeezing profitability.
- The U.S. holds the highest percentage of global Bitcoin mining hashrate, with political support for domestic production.
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