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2025 Annual Bitcoin Mining Report

By Nico Smid and Cindy Feng · Sponsored by NiceHash

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Inside the 2025 Annual Bitcoin Mining Report


Report Highlights


50 pages of comprehensive mining industry insights

Year-in-review analysis and market trends

Future outlook and mining profitability projections

Hardware launches, efficiency and innovations

Expert commentary from Digital Mining Solutions

Public Mining Companies Performance and Strategic Shifts

And more…
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About


About the Authors

Nico Smid is an industry analyst and the founder of Digital Mining Solutions, known for producing high-quality research on the global mining ecosystem. This report is part of an ongoing partnership between NiceHash and DMS, providing valuable insights to miners worldwide.

Cindy Feng is the founder of Bitcoin Mining Stock, a data and research platform dedicated to the digital-asset equities market. Known for providing institutional-grade datasets and benchmarking tools, her analysis supports investors and corporate teams in navigating the broader ecosystem with clear, actionable insights.

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