Q1 2025 Data Reveal Sky-High Costs and a New Pecking Order in Bitcoin Mining

In Q1 2025, the Bitcoin mining industry faced numerous challenges due to the halving event and the increased network difficulty. This analysis will use data from publicly listed Bitcoin mining companies such as Cipher Mining, Riot Platforms, Core Scientific, Hut 8 Corp, TeraWulf, Bitfarms, and Cango to summarize, compare, and evaluate their financial performance, mining output, and development strategies. Financial Performance Bitcoin mining companies in Q1 2025 exhibited significant disparities in financial performance. Riot Platforms recorded the highest revenue at $161 source: https://beincrypto.com/q1-2025-data-reveal-sky-high-costs-and-a-new-pecking-order-in-bitcoin-mining/