Monday Mining Metrics: BTC Breaks $123,000
Bitcoin Mining Update: 7/14/2025
Monday Mining Metrics: BTC Breaks $123,000
Many of the bullish tailwinds discussed in our Q3 2025 market update have already come to fruition. Liquidity is rising, treasury companies are buying BTC en masse, and positive legislation is propelling the industry forward. These tailwinds have sent BTC into price discovery.
Over the past week the spread between “buying Bitcoin” and “mining Bitcoin” has expanded significantly. It costs ~$120,000 to buy Bitcoin but only $50,000 to mine Bitcoin (when using the most-efficient mining machine hosted at Blockware’s facility).
Click here to visit the Blockware Marketplace and buy miners today.
Tax Advantages of Bitcoin Mining
Bitcoin miners produce BTC at a discount to the market price – allowing them to earn BTC-denominated cash flows and to acquire more BTC over time than they otherwise would by purchasing BTC directly. However, a lesser known benefit of BTC mining is the tax savings – which are set to increase under new guidelines from Trump’s Big Beautiful Bill.
Under the new guidelines you can write off 100% of the cost of Bitcoin mining hardware in a single tax year.
If you have $100,000 in capital gains or W2 income, you can purchase $100,000 worth of Bitcoin miners to write that off.
Click here for more information.
Blockware <> What Bitcoin Did
Head of Blockware Intelligence, Mitchell Askew, made an appearance in the latest episode of ‘What Bitcoin Did.’ Mitchell and Danny discuss:
- Treasury Companies Mining Bitcoin
- Tax Advantages of Bitcoin Mining
- If the Cycles Are Over
- Bitcoin's Path to $1m
- Why Gen Z Don't Get Bitcoin
Check it out!