Bitcoin Mining Profitability Fell in April as Network Hashrate Rose: Jefferies

Bitcoin BTC mining profitability fell in April as the network hashrate rose, investment bank Jefferies said in a research report Tuesday."BTC mining profitability decreased by 6.6% in April, driven by a 6.7% increase in the network hashrate," analysts Jonathan Petersen and Jan Aygul wrote source: https://www.coindesk.com/markets/2025/05/21/bitcoin-mining-profitability-fell-in-april-as-network-hashrate-rose-jefferies