According to online reports, investment bank Jefferies reported that Bitcoin mining profitability increased by 2% month-on-month in July, mainly benefiting from a 7% increase in Bitcoin prices and a mere 5% increase in network computing power. U.S. listed mining companies produced 3622 BTC items in the month, accounting for 26% of the entire network, an increase of 1 percentage point from June. Data shows that IREN became the mining company with the highest output in July with 728 BTC, and MARA ranked second with 703 BTC. The current daily revenue per EH/s computing power is approximately US$57,000, an increase of 14% compared with the same period last year. Analysts pointed out that rising Bitcoin prices are most beneficial to digital asset companies such as Galaxy.