US mining stocks surge 66%! The next MARA is in these 3 stocks
Miner income rebounds from the bottom:
July mining income reached the highest point after halving, but is still 43% lower than before halving, and cost pressure has not been eliminated.
Computing power involution intensifies:
The entire network's computing power rushed to 899 EH/s, mining difficulty soared 48% compared to before halving, and old mining machines are accelerating their elimination.
Key drivers of profit growth
Price dominance: BTC's 75% annual increase covers a 53% increase in difficulty, becoming a life-saving straw for miners.
Technological revolution: The energy efficiency ratio of new mining machines is optimized, and the profit expansion of efficient miners.
Capital leverage: The gains of US mining stocks outperform BTC, becoming an amplifier for rising currency prices.
Impact on the cryptocurrency circle
Good
Reduced selling pressure: Miners increase their holdings of coins, reducing market selling pressure and supporting currency prices.
Counterattack of small miners: Low electricity prices + new equipment promote decentralization and enhance network security.
Industry centralization: Efficient mining machines dominate the market, benefiting technologically leading manufacturers.
Risk
Cost is a double-edged sword: If the currency price is sideways, high electricity fee miners will lose money, and the Middle East situation may drive up energy costs.
Market fragility: The 43% income gap warns that if BTC falls below $100k, miners' sales may restart.
Operational enlightenment
Short-term: Improved miner profitability confirms market resilience, coupled with strong mining stocks, buy BTC on dips.
Mid-term: Keep an eye on the difficulty adjustment of mining in August + energy prices, and efficient equipment mining companies may experience a second outbreak.
Long-term: Miners turn to hoarding coins, and the supply crunch after the 2025 halving will become prominent.
Shenlong's Conclusion: Miners are the "canaries" of the currency circle, opportunities are brewing when they are profitable, and the bottom is approaching when they are suffocating. The former is the case now, but fasten the stop-loss rope.
Opportunities and risks coexist in the cryptocurrency circle. Staying vigilant and finding the right time is the key. Shenlong has also discovered a short-term skyrocketing project with huge potential to double! If you want to keep up, nod your head and follow Shenlong for free sharing! Follow Shenlong's trend
