In recent months, the international energy market has experienced an important stabilization phase, accompanied by a significant cost reduction. In particular, the recent decline in energy prices represents a strategic opportunity that allows us to further improve the efficiency of our housing services.
Energy Market Analysis
After two years marked by strong fluctuations and geopolitical instability, the global energy sector is going through a rebalancing phase. Among the main factors that have contributed to this positive evolution we find:
- Increased production from renewable sources, which has reduced dependence on fossil fuels and improved grid resilience.
- Decreased global demand, especially in the industrial sector, which has helped reduce pressure on prices.
- Restoration of logistics and commercial channels, which has normalized energy supply flows after the critical issues related to international conflicts.
Natural gas reserves in Europe remain above the seasonal average and LNG infrastructures are increasingly integrated into the European energy system. These elements, combined with increased investment in clean technologies, are driving a phase of greater predictability and stability in costs.
Geopolitical Scenario: Evolving Balances
The improvement of the geopolitical context is another key element of the recent cost decline:
- The stabilization of the MENA region and constructive dialogue between major energy producers have reduced the risks of new shocks.
- Energy alliances between Europe, the United States and alternative suppliers have improved supply security.
- The containment of energy inflation, thanks to more coordinated policies at the international level, has favored a medium-term price reduction.
Reduction in Mining Hardware Costs: An Additional Opportunity for Customers
In addition to the decline in energy costs, the mining sector is currently benefiting from a significant decrease in hardware prices. In 2024, the cost per terahash (TH) of new latest-generation ASICs has reduced to approximately $20/TH, compared to $80/TH in 2022, making the purchase of more performing machines accessible at a lower budget.
This trend is fueled by growing competition between manufacturers like Bitmain, MicroBT and Canaan, which drive toward technological innovations and greater energy efficiency. Consequently, companies can now upgrade their infrastructures with more efficient devices at lower costs, improving the profitability of mining operations.
For our customers, this evolution translates into an even more competitive hosting service: combining decreasing energy rates with cutting-edge hardware at more accessible prices, we offer optimized mining solutions to maximize returns.
The Biomine Advantage
In this highly favorable context and after the recent 10% Housing cost reduction, we are proud to announce a further 6.67% reduction in housing costs starting from May 2025, a milestone that reflects our continuous commitment to improving service efficiency and sustainability.
Thanks to constant market analysis, optimization of our infrastructures and our strategic vision, Biomine confirms itself as the ideal partner for those seeking high performance, reliability and convenience in cryptocurrency mining in Italy.