March 2025 Report
Mining Costs & Profitability
31 March 2025
This month’s report examines the economics of Bitcoin mining—from hardware efficiency and electricity rates to
shifting
geographic dominance.
As miners face rising difficulty and compressed margins, the global landscape is evolving to favor regions with cheaper, cleaner energy sources.
With ESG concerns growing, operations are increasingly turning to renewables and waste-energy repurposing to maintain profitability and regulatory alignment.
As miners face rising difficulty and compressed margins, the global landscape is evolving to favor regions with cheaper, cleaner energy sources.
With ESG concerns growing, operations are increasingly turning to renewables and waste-energy repurposing to maintain profitability and regulatory alignment.

U.S. #1: Largest contributor to global Bitcoin mining post-China ban

Mining difficulty: Adjusts biweekly based on total network hash rate

Renewables on the rise: Hydroelectric, solar, wind powering ESG efforts