ChainCatcher news, CryptoQuant analyst Axel Adler Jr posted on X platform that the average cost for BTC miners to mine is currently about $36,800 per coin. The price difference between the current BTC market price and the mining cost per BTC is 182%. This essentially represents the average profit margin. This level corresponds to the beginning of the bull market cycle in November 2022 and the price peak of $100,000 in this cycle. A price increase beyond this level would restore miner profits to the levels seen after the last halving and achieve excess profits comparable to those at the start of the bull market in January 2023.

ChainCatcher news, the Bitcoin mining technology company Luxor expects that if Trump imposes comprehensive tariffs on the Bitcoin industry's supply chain, Russia will become a major beneficiary, as most Bitcoin mining hardware is still designed outside the United States. For a long time, this industry has been dominated by Bitmain's Antminer, which holds over 80% of the market share.In addition, benefiting from energy cost advantages and a gradual easing of cryptocurrency regulations, Bitcoin mining activities in Russia have significantly increased. Despite facing sanctions from Western countries, the Russian government is still promoting the legalization of cryptocurrencies, especially in international payments and mining. Experts point out that although Russia has made progress in the cryptocurrency field, large-scale evasion of sanctions using cryptocurrencies remains challenging due to market liquidity constraints.

ChainCatcher news, according to CoinDesk, Bitcoin mining company Luxor Technology's Director of Business Development Aaron Forster stated in an interview at the Consensus festival that cryptocurrency mining is being accepted and naturally evolving into other markets, with large miners transforming into power infrastructure providers for artificial intelligence rather than building large mines.The Bitcoin mining business is a stepping stone to larger, more capital-intensive industries like artificial intelligence, which excites me because it allows Bitcoin mining to be more widely accepted.

ChainCatcher news, according to Cointelegraph, the CEO of the Pakistan Cryptocurrency Council, Bilal Bin Saqib, proposed to utilize the country's surplus energy to power Bitcoin.On March 21, the issue of mining was discussed at the first meeting of the Cryptocurrency Council. The establishment of the Cryptocurrency Council is in stark contrast to the previous stance of the Pakistani government on cryptocurrencies.In May 2023, former Minister of State for Finance and Revenue Aisha Ghaus Pasha stated that cryptocurrencies would never be legalized in the country.