According to a research report by Canaccord Genuity, Bitcoin mining economics are projected to remain stable and profitable in 2025. The report highlights that large mining operators face a cost of around $27,000 per bitcoin. At the time of publication, Bitcoin was valued at approximately $105,000. The report notes the anticipation of further AI co-hosting deals, which could capitalize on miners' extensive power capacities. For instance, Core Scientific has partnered with AI service provider CoreWeave in a significant 12-year agreement. Analysts suggest that AI demand is likely to eclipse the traditional cloud hosting sector over time. Canaccord points out that many leading publicly traded miners are leveraging their access to capital to enhance their equipment, strengthening their competitive position in the market. This strategic upgrade is essential, especially following a challenging market period last April, as it increases their share of the network's hashrate, a measure of the total computing power involved in Bitcoin mining and transaction processing.

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