Wu Shuo learned that according to Bitcoin Magazine, JPMorgan Chase released a report stating that the first quarter of 2025 was "one of the best quarters to date" for US listed Bitcoin mining companies, with five mining companies achieving a total gross profit of $2 billion and an average gross profit margin of 53%. MARA leads in production for the ninth consecutive quarter, but has the highest unit cost; IREN has become the most profitable mining company for the first time, with a unit cost of only about $36400.