- Bitcoin mining revenue increased by nearly 20% in May 2025.
- Hyperscale Data reported $1.9 million revenue.
- North American miners held 26.3% of global mining activity.
Bitcoin mining revenue saw a nearly 20% increase in May 2025, according to Jefferies, largely driven by operations in North America.
The surge in Bitcoin mining revenue in May reflects both a rise in BTC prices and operational efficiencies, impacting market dynamics and profitability.
Hyperscale Data’s strong performance in May, with $1.9 million in revenue from 17.4 Bitcoin, underscores the impact of operational efficiency. Jefferies reported an 18.2% increase in Bitcoin mining profitability, highlighting industry growth concentrated in North America.
“These results reflect strong execution from the Sentinum team as they continue to focus on operational excellence. Further, the recent increase in the price of Bitcoin has given the Company greater optionality in the deployment of its mining fleet…” — Milton “Todd” Ault III, Founder and Executive Chairman, Hyperscale Data
Hyperscale Data, through its subsidiary Sentinum, plans to boost capacity with a new Montana facility, enabling further increases in mining. Milton “Todd” Ault III emphasized the importance of strategic execution, capitalizing on the increased Bitcoin price.
The rise in mining revenue benefits Bitcoin mining companies, enabling potential future expansions. North American miners account for a substantial share, reinforcing the region’s position in the global market.
Financial uplifts in the Bitcoin mining sector could potentially influence market valuations for associated firms. The focus on Bitcoin excludes direct effects on ETH or altcoins, maintaining BTC’s prominence in mining discussions.
Potential technological enhancements and regulatory adjustments could shape future Bitcoin profitability. Enhanced operational strategies among miners might further streamline processes, potentially impacting market valuations favorably.
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