🚀 Despite Bitcoin's profitability taking a nosedive in September, we're still bullish! 🐂 Jefferies Investment's latest report shows a 1.7% rise in hashrate but stagnant BTC prices. Mining firms are feeling the pinch with closing profit margins due to rising costs and increased competition.

Marathon Digital mined a whopping 705 BTC, leading the pack, while Cleanspark followed with 493 BTC. North American miners upped their game, contributing 22% to the network thanks to cooler temps.

With the "Bitcoin election" on the horizon, favorable crypto policies could be on the way. What are your thoughts on BTC's future? Drop your comments below! 💬