Bitcoin Miners Rake In $55K Daily Despite Heat-Driven Hashrate Dip — Here's Their Secret

Despite a 3% drop inBitcoin'sBTC/USDnetwork hashrate in June, daily miner revenues soared to approximately $55,300 per exahash per second (EH/s), one of the highest profitability levels this year, according to a commentary shared withBenzingaby the analytics team ofTeraHash, a global Bitcoin yield protocol.What Happened:This surprising divergence, fueled by Bitcoin's $109,000 spot price and $14 billion in ETF inflows, added $5.3 billion—a 23% increase—to the market value of publicly listed mining firms.According to a JPMorganreport, Bitcoin's network hashrate dropped by ~3% in June, primarily due to seasonal heat impacts on miners.TeraHash's team noted, "Bitcoin's computing power cooled in June, but its earnings rose," highlighting a break from the traditional "difficulty crushes profits" cycle. The key? Miners are adapting strategically.While some chase high-performance computing (HPC) for AI infrastructure, others capitalize on operational flexibility.Deals likeCoreWeave Inc.'sCRWVacquisitionofCore Scientific Inc.CORZvalue mining infrastructure at 16x next year's earnings, reflected a pivot to AI.Meanwhile, a quieter segment earns through grid curtailment payments, hash rate hedging, and leasing idle capacity to retail users.Looking forward, TeraHash models two scenarios: "Miners integrating grid programs and derivatives can reallocate ~10% of capacity and sustain margins," even as mining difficulty rises.Conversely, HPC-heavy miners risk 15% margin compression if AI demand slows or infrastructure lags.See Also:SoundHound AI Stock Jumps Amid AI Push, But This Technical Indicator Signals Slowdown And Reversal In RallyWhy It Matters:"The market is no longer paying for raw output," the team toldBenzinga, urging investors to back miners who "flex power deals, hedges, and capacity rentals."This shift signals a new era for Bitcoin mining, where adaptability trumps computational power.As miners navigate seasonal challenges and market dynamics, their ability to diversify revenue streams will define success in a rapidly evolving industry.Price Action:As of the publication of this article, Bitcoin was trading at $109,072.24 per coin. Here’s a list of a few Bitcin ETFs that investors could consider.Bitcoin-Linked ETFsYTD PerformanceOne-Year PerformanceiShares Bitcoin Trust ETFIBIT11.65%87.56%Fidelity Wise Origin Bitcoin FundFBTC11.64%87.71%Bitwise Bitcoin ETFBITB11.66%88%Invesco Galaxy Bitcoin ETFBTCO11.63%87.68%Grayscale Bitcoin TrustGBTC10.92%66.78%TheSPDR S&P 500 ETF TrustSPYandInvesco QQQ Trust ETFQQQ, which track the S&P 500 index and Nasdaq 100 index, respectively, were higher in premarket on Wednesday. The SPY was up 0.22% at $621.73, while the QQQ advanced 0.19% to $553.39, according toBenzinga Prodata.Loading...Loading...Read Next:Warren Buffett's Quiet Dividend Play: 9 High-Yield Stocks Held By A Berkshire SubsidiaryDisclaimer:This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.Image Credit: Imagn$BTCBitcoin$109488.590.51%Stock Score Locked: Want to See it?Benzinga Rankings give you vital metrics on any stock – anytime.Reveal Full ScoreEdge RankingsMomentum95.94Price TrendShortMediumLongOverviewBITBBitwise Bitcoin ETF Common Shares of Beneficial Interest$59.520.57%BTCOInvesco Galaxy Bitcoin ETF Common Shares of Beneficial Interest$109.030.41%CORZCore Scientific Inc$14.201.28%CRWVCoreWeave Inc$153.401.29%FBTCFidelity Wise Origin Bitcoin Fund Common Shares of Beneficial Interest$95.550.60%GBTCGrayscale Bitcoin Trust (BTC) Common Units of fractional undivided beneficial interest$86.230.69%IBITiShares Bitcoin Trust$62.260.71%QQQInvesco QQQ Trust, Series 1$553.620.23%SPYSPDR S&P 500$621.990.27%Market News and Data brought to you by Benzinga APIs© 2025 Benzinga.com. . .Posted In:CryptocurrencyNewsMarketsAIBitcoinBitcoin minerexahashhashratehashrate hedginghedginghigh-performance computingJPMorganminingrevenueTeraHash