The median cost of mining a single Bitcoin was only $52,000 in Q4, but jumped 23% in the first quarter and has risen again in Q2. The median cost of mining a single Bitcoin is estimated to have climbed above $70,000 in the second quarter as miners navigate a rise in network hashrate and energy prices. According to a report on Monday from Bitcoin mining research firm TheMinerMag, the median cost of producing Bitcoin (BTC) already rose from $52,000 in the last quarter of 2024 to $64,000 in Q1 2025. This is expected to increase by over 9% in Q2. “Direct production costs are expected to surpass $70,000 in the current quarter,” TheMinerMag said in its May/June industry update. Read more
Bitcoin has lost recent gains in a $2,000 slide as Middle East tensions escalated on Monday night. Bitcoin and cryptocurrency markets are dipping again as tensions in the Middle East further escalate, with US President Donald Trump leaving a summit of world leaders and posting an ominous message about Tehran. Trump has reportedly requested that the National Security Council be prepared in the White House Situation Room as he returned early from the G7 summit in Canada on Monday, Reuters reported. The report comes just hours after Trump took to his social media platform, Truth Social, with a chilling message: “Everyone should immediately evacuate Tehran!” Read more
Bitcoin gains momentum as spot BTC ETF inflows and stable derivatives data offset investors’ war and inflation concerns. Key takeaways: Bitcoin shows strength amid tensions in the Middle East and rising oil prices. Spot BTC ETF inflows and neutral derivatives markets signal steady market confidence. Read more
Trump’s social media platform, Truth Social, proposed the issuance of a dual-spot Bitcoin and Ether ETF, backed by assets held by Crypto.com. US President Donald Trump’s social media platform, Truth Social, filed an S-1 form with the US Securities and Exchange Commission to launch a dual exchange-traded fund (ETF) for Bitcoin and Ether. Filed on Monday, the S-1 form proposes the issuance and trading of Truth Social Bitcoin and Ethereum ETF, sponsored by the asset management firm Yorkville America Digital. The trust seeks to provide investors with exposure to both Bitcoin (BTC) and Ether (ETH) by offering shares backed by the crypto assets, removing the complexities stemming from direct investment. Read more
Yes, you can mine Bitcoin with a gaming PC — but between low performance, high electricity costs and tough competition from ASIC miners, it’s rarely worth the effort. As of May 2025, Bitcoin mining is looking attractive again. With Bitcoin (BTC) trading around $95,000 and transaction fees hitting new highs after the 2024 halving, mining rewards — though smaller — are worth chasing. From home setups to industrial-scale farms, the question of whether Bitcoin mining is profitable is back in the spotlight. And if you’re a gamer, chances are you’ve looked at your rig and wondered: Can a gaming PC mine crypto? After all, modern gaming computers are packed with powerful GPUs, solid cooling and lots of downtime, especially if you’re not gaming daily. It’s a fair question: Can you mine Bitcoin with a gaming PC? Read more
The Central American country has continued its daily Bitcoin investments despite a non-accumulation deal struck with the IMF in December 2024. El Salvador, the world’s first country to adopt Bitcoin as legal tender, has continued buying the cryptocurrency despite a $1.4 billion loan agreement with the International Monetary Fund (IMF) that included provisions discouraging further accumulation. The government’s treasury wallet currently holds 6,209 Bitcoin (BTC), having added 240 BTC since Dec. 19, 2024, after the IMF deal was announced, according to data from El Salvador’s Bitcoin Office. In December, El Salvador struck a deal with the IMF for a $1.4 billion loan, which required the government to drop Bitcoin’s status as a legal tender and stop its public BTC accumulation. Read more
Strategy’s latest Bitcoin purchases were made following Strategy’s STRD, its third Bitcoin-backed preferred stock, launching on the Nasdaq on Wednesday. Michael Saylor’s Strategy, the world’s largest corporate holder of Bitcoin, disclosed its latest BTC purchases made last week amid escalating geopolitical tensions in the Middle East. Strategy acquired 10,100 Bitcoin (BTC) for $1 billion during the week ending Sunday, the company officially announced on Monday. The purchases were made at an average price of $104,080 per coin, with Bitcoin dropping from $110,000 on June 9 to an intraweek low of $103,639 on Thursday, following the news that Israel had struck Iranian nuclear facilities. Read more
BTC miners continue to face economic headwinds and challenges, including gradually rising computational requirements to mine blocks. Bitcoin's (BTC) mining difficulty fell slightly on Saturday after hitting an all-time high of 126.9 trillion on May 31 at the start of the previous difficulty adjustment period. The Bitcoin mining difficulty level currently stands at roughly 126.4 trillion, according to data from CryptoQuant. Higher mining difficulty and network hashrate, which is a separate but related measure of the total computing power securing the Bitcoin protocol, both translate into increased miner competition and higher production costs. Read more
Bitcoin trades above $105,000 even as the threat of war looms in the Middle East. HYPE, BCH, AAVE and OKB could also catch a bid if BTC holds its current range. Key points: A week of solid inflows into the spot Bitcoin ETFs improves the prospects of a rally toward $110,000. HYPE, BCH, AAVE, and OKB could march higher if Bitcoin sustains above $105,000. Read more
Strategy co-founder Michael Saylor hinted the company would purchase more Bitcoin on Monday when traditional financial markets open. Strategy co-founder Michael Saylor posted the Bitcoin (BTC) chart signaling an impending BTC purchase by the company, despite the ongoing conflict in the Middle East, which could rattle global financial markets when they open on Monday. The company's most recent Bitcoin buy occurred on June 9, with a relatively small purchase of 1,045 BTC, valued at approximately $110 million, bringing Strategy's total holdings to 582,000 BTC. Data from SaylorTracker shows that Strategy is up over 50% on its investment. This translates to over $20 billion in unrealized capital gains in fiat terms. Read more
From golden crosses to ascending wedges, Bitcoin traders are increasingly optimistic on the future of Bitcoin price action, even as the market tracks sideways. Key points: Bitcoin traders eye new all-time highs, which include $270,000 by October. The bull run is far from over, they agree, with BTC price due a major comeback. Read more