Mining Profitability Climbed Over 5% in June as Hashrate Fell, BTC Price Rose: Jefferies

According to a report by Jefferies, mining profitability experienced a notable increase of over 5% in the month of June. This rise occurred concurrently with a decline in the overall hashrate, while the price of Bitcoin saw a significant uptick during the same period. This suggests a complex interplay between the market dynamics of cryptocurrency mining, the performance of Bitcoin's value, and the network's computational strength. source: https://www.coindesk.com/markets/2025/07/28/mining-profitability-climbed-over-5-in-june-as-hashrate-fell-btc-price-rose-jefferies