Opinion
Bitcoin (BTC) was not more attractive to institutional investors. Fintech giants invest in Bitcoin mining instead of just accumulating origin, all thanks to the favorable organizational environment in the United States and the margin of profitability in BTC.
After that, many companies vary by allocating the computing power of Amnesty International, increasing the enhancement of their economies, and thus the attractiveness of investment. Currently, the future of the Bitcoin foundation can represent the new Gusher era.
Are bitcoin mining profit?
Bitcoin mining is still profitable. Coinshares, an investment company in digital assets, has shared that the average cost of Mine 1 BTC for miners listed in the United States reached $ 55,950 in the third quarter of 2024. Two other Shahran’s models-one of Macromicro and another called Glassnode difficult to decline-gives different estimates.
On the same day from February 20, Macromicro.me Data It shows that the average cost of 1 BTC production hovers above 92,000 dollars; The Glassnode slope model is estimated at the cost to extract one BTC at about 34,400 dollars, while the price of encoded currency was 98,300 dollars on that day.
On a global scale, mining costs vary based on the region. For example, the cost of electricity for the production of 1 BTC in Ireland is about 321,000 dollars, but it costs a little more than $ 1300 for 1 BTC in Iran. Electricity is only part of the equation – the costs of devices, employment and maintenance also play an important role.
Macromicro.me modern data paints modern data for bitcoin miners in the United States. While some institutional miners are still profitable, the broader scene reveals an increase in operational pressures that can reshape the mining industry.
What happens if the challenges are not dealt with? Upon mining institutions with high profit rates can start expanding their operations and possibly obtaining miners who are struggling at a deal prices, which may endanger miners and the smallest of them.
The sustainable economy for the attractiveness of investment
In addition to receiving mass bonuses, miners also benefit from the Bitcoin network transactions fees, which depend on the use of the network. The data indicates that the daily bitcoin transactions fees were hovering between $ 360,000 and $ 1.3 million over the past month – up to $ 595,000 per day.
The additional revenue flow enhances this economic call to Bitco Mining and enhances the flexibility of the mining business model by diversifying the sources of income.
recently: Bitco Miner BitFarms provides up to $ 300 million from Macquarie
Not only mining the mining devices are used. High mathematical energy, captive energy supplies and ready -made infrastructure make miners uniquely equipped to support artificial intelligence and high performance computing. In simple phrases, mining companies can now rent their devices to treat artificial intelligence tasks instead of focusing only on bitcoin mining.
A mixture of transactions revenue growth and artificial intelligence diversification creates a more flexible and flexible industrial model (the current model was not completely attractive to institutional investment in the United States).
Institutional investments in a rise
Attractive revenues in bitcoin mining industries have brought great attention from institutional investors. Easy to determine this process: Bitcoin mining gatherings in the United States account for more than 40 % of Bitcoin Global Network Groups in 2024.
according to research By Ey-Parthenon and Coinbase, 83 % of the 352 global institutions plan to increase encryption allocations this year, while 51 % of asset managers are considering investments in digital asset asset companies, including mining companies. For this reason I am not surprised to see huge investments on riot platforms, Coreweave and other players in the mining industry.
The morale of the favorable market paved the way for more initial public offers (public subscriptions) and specialized funds targeting mining companies. In addition to securing investment of $ 650 million, Coreove aims to offer it to the public subscription at $ 4 billion to help the NVIDIA -backed company reach an evaluation of $ 35 billion.
BGIN Blockchain, a manufacturer of mine workers in Singapore, which recently presented it to the public in the United States. Renaissance Capital, a consulting investment company, expects that BGIN Blockchain is $ 50 million for public subscription.
This increase in the institutional momentum is scheduled to benefit from the Bitcoin mining industry by increasing demand and tightening the available supply in the market. With the accumulation of a greater number of big players and carrying Bitcoin, the rare of the market can increase, which supports high prices, and thus, enhances the profitability of miners.
Optimism in the future is more than concrete
Strong support comes from institutional investors, as optimism over friendly policies increased dramatically after Donald Trump won the US presidential election in November 2024.
The establishment of a strategic bitcoin reserve in early March, which is seen as a huge political transformation, has sparked positive in the coding and mining sectors. This sector gained importance. Last year, Bitcoin Mining operations contributed significantly to the American economy, achieving about $ 4.1 billion of gross domestic product and creating more than 31,000 country jobs. The industry also stimulates rural areas by generating tax revenues and reusing remote sites for mining operations. It seems that the days of danger in the oil industry a century ago, right?
The latest investments, leadership dates and subscription subscriptions show that subscriptions are that Bitcoin mining companies have Wind Wind Tail. Meanwhile, they are almost no longer around BTC – they have become data infrastructure provider for the artificial intelligence sector, and they turned into giants processing hybrid data.
With the use of this shift, the United States can become a leader in the space of digital asset mining and bitcoin due to the pro -profit position of the Trump administration and achieving its declared goal of being “the world of encryption in the world”.
With the weakness of institutions on bitcoin mining and artificial intelligence convergence, the question is not if this industry will develop but who will lead the charge. Modern digital gold rushes, and the smartest capital that is already demanded.
Opinion: Fakhul MIAH, Managing Director of Goming Institutional Company.
This article is intended for general information purposes and does not aim to be and should not be considered legal or investment advice. The opinions, ideas and opinions expressed here are alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.
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