Bitcoin Miners Turn in Big Profit in September, Fueling Bitcoin Hyper’s $19.9M Presale
Bitcoin miners achieved a historic performance in September, with the market cap surging to over $ 58 billion.
This is just the latest performance in an already profitable year for the mining sector, with JP Morgan already describing Q1 as one of the best periods for bitcoin mining companies back in June.
This explains the significant progress investors are seeing in the field as AI adoption ramps up. Google is one of the most recent examples, as the company backstopped a deal between AI company Fluidstack and Bitcoin miner Cipher last month.
The news is highly bullish for Bitcoin, which is already on the front foot. $BTC is now in full sprint after reaching $119,451 just hours ago, before retracting below the $119K mark.
The momentum is still there, though, which may hint at a prolonged bull run this October. Bitcoin Hyper ($HYPER), Bitcoin’s Layer 2, promising faster and cheaper transactions, stands to gain significantly after the presale reached $19.9M today.
AI-Centric Crypto Mining Business Soars in Charts
INER is the clear winner of September’s record heights, after surging by 624%, followed by Applied Digital with 345% and Cipher Mining at 321%. Names like TeraWulf, Hut 8, Riot Platforms, and Marathon Digital Holdings also recorded serious gains.
These gains coincide with a 9% increase in Bitcoin’s hashrate, now at slightly above 114K and growing consistently over the last two months.
The higher hashrate translates into more competition among miners, which essentially makes it more challenging to earn block rewards.
Recent advancements in the AI sector offset this difficulty by giving early adopters a competitive edge in the mining game.
A December 2024 study by Galaxy Data Centers analyzed the impact of AI integration in the mining sector. It concluded that ‘[The] surge in AI and high-performance computing (HPC) is creating massive demand for data center capacity’.
This will impact the Bitcoin mining industry directly:
Bitcoin miners that hold AI/HPC convertible assets could be one of the only pure-play and scalable crypto x AI investments in the industry today.
This cycle will likely be the primary catalyst for Bitcoin’s growth over the years, alongside increased adoption rates and the emergence of more crypto-friendly legislation globally.
Bitcoin Hyper ($HYPER) is another catalyst, thanks to its promise of a faster and cheaper Bitcoin network.
How Bitcoin Hyper Promises to Change the Bitcoin Ecosystem
As Bitcoin’s Layer 2 upgrade, Bitcoin Hyper ($HYPER) promises to provide a faster and cheaper Bitcoin network by enhancing scalability and transaction confirmation times, as well as eliminating the fee-based priority system.
This is possible thanks to tools like the Solana Virtual Machine (SVM), which improves throughput and overall performance, and the Canonical Bridge, which ensures traffic optimization and lower finality times.
The Canonical Bridge relies on the Bitcoin Relay Program to confirm incoming transactions and mint the users’ Bitcoins on the Hyper Layer. This happens in seconds, drastically reducing confirmation times.
The system also removes the fee-based priority system, which currently prioritizes large-fee transactions to the detriment of the small-fee ones.
The result? The Bitcoin network becomes more scalable and responsive, with lightning-fast smart contract execution, low-latency DeFi apps, and near-instant finality.
$HYPER’s $19.9M presale is in full bull mode, following increased investor support and a clear-cut and transparent implementation plan, according to the whitepaper.
You can buy your $HYPER at the presale price of $0.013015 if you want to support the project or simply diversify your portfolio.
Hyper’s 881M-strong staking pool also offers a 60% dynamic APY reward if you want to start staking today.
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Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP. Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem. To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem. His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.
