migration

2025 Bitcoin Mining Trends: Hashrate Hits New High After Halving, Energy Arbitrage Drives Mining Company Migration

ChainCatcher news, according to Cointelegraph, Bitcoin enters its fifth era after the 2024 block reward halving, with the single block reward decreasing from 6.25 BTC to 3.125 BTC. Mining companies are responding to profit pressures through hardware upgrades, energy optimization, and regional migration. By May 1, 2025, the total network hash rate is expected to reach 831 EH/s, a 77% increase from the 2024 low of 519 EH/s, with a peak rising to 921 EH/s.The iteration of mining machines accelerates the energy efficiency competition, with Bitmain's Antminer S21+ achieving a hash rate of 216 TH/s and an energy consumption ratio of 16.5 J/TH, while MicroBT's immersion mining machine WhatsMiner M66S+ reduces energy consumption to 17 J/TH. TSMC and Samsung have already adopted 3-nanometer chip technology, with 2-nanometer processes soon to be implemented, driving continuous improvements in mining machine efficiency.Energy costs dominate the survival of mining companies, with the network difficulty rising to a historical high of 123T, and daily earnings per TH/s (Hashprice) dropping from $0.12 in April 2024 to $0.049 in the same period of 2025. The Omani government subsidizes electricity prices to maintain $0.05--$0.07 per kilowatt-hour, while semi-official projects in the UAE have electricity prices as low as $0.035--$0.045 per kilowatt-hour, attracting institutional-level mining operations. In the U.S., industrial electricity prices exceed $0.1 per kilowatt-hour, forcing mining companies to migrate to low-cost energy regions in Africa, the Middle East, and Central Asia.A Cointelegraph research report indicates that the growing demand for AI computing power, global regulatory adjustments, and breakthroughs in hardware technology will continue to impact the industry landscape over the next 12 to 18 months. Efficiency optimization has become a survival necessity, with only leading mining companies able to maintain competitiveness through energy arbitrage and equipment upgrades, while sovereign nations adopt strategies alongside institutional entry or reshape Bitcoin's position in the global financial system.

Port3 Network announces migration to BNB Chain and launches a new AI social data analysis tool Rankit

ChainCatcher news, the decentralized AI service protocol Port3 Network today announced the complete migration of its token PORT3 liquidity from Ethereum to BNB Chain, while also announcing the upcoming launch of a new product, Rankit.Rankit, based on comprehensive social data collection and deep analytical capabilities of AI large models, provides users with a full range of project popularity assessments, user behavior analysis, and community activity ranking services. Rankit can offer social rankings for the BNB Chain ecosystem. By integrating multidimensional data indicators, Rankit enables investors and project parties to quickly grasp market dynamics and make more informed decisions.As the infrastructure for Web3 social data, Port3 Network has developed rapidly since its establishment in 2022. Its core product SoQuest, leveraging the Social-to-Earn mechanism, has accumulated over 6 million active users. The project has established a unique advantage in the Web3 social data field, successfully integrating user data from mainstream social platforms such as Telegram, Discord, and X through proprietary data collection technology, covering a user base of over 10 million. These rich data resources have built Port3's unique Web3 Social Data Layer, providing valuable data support for the entire blockchain ecosystem.The launch of Rankit is another solid step for Port3 in the field of AI applications, injecting new vitality into intelligent decision-making and ecological construction in Web3.
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