Explore Bitcoin’s 2025 prospects, market trends, mining, and secure methods like cloud platforms. Learn strategies to manage risks in the changing cryptocurrency market.
The year 2024 has been a record-breaking one for the cryptocurrency market in many aspects. Bitcoin and other cryptocurrencies reached historical highs, and cryptocurrencies themselves became a vital part of the global financial system. Many experts believe that 2025 could be a year of new records for Bitcoin, as well as the end of the current market cycle.
Bitcoin started 2024 at $45,000 and continued to rise. From November 5th, following Donald Trump’s victory in the U.S. presidential election, its price increased without significant pullbacks, starting at $68,000 and breaking records. Soon, Bitcoin’s price surpassed the $100,000 mark for the first time.
Some experts see no reason for growth to stop. Analysts at Bernstein have identified key factors that, in their opinion, could push Bitcoin to a target level of $200,000 in 2025, as reported by The Block. These growth factors include new appointments in Trump’s administration, specifically candidates for the positions of SEC head and Secretary of the Treasury. Among the most likely candidates for Treasury Secretary is Howard Lutnick, CEO of Cantor Fitzgerald, while his competitors include hedge fund manager Scott Bessent and former Federal Reserve Board member Kevin Warsh.
However, skeptics are also present. In the early days of 2025, on January 7th, Bitcoin’s value dropped below $100,000. Furthermore, the future movement of Bitcoin’s price will depend on political events and possible regulatory changes following Trump’s victory, among other factors. It is impossible to say with certainty that Bitcoin will continue to rise, as the market has entered a correction phase amid expectations of rate cuts in 2025.
Bitcoin remains a highly volatile asset, and its price can fluctuate both upward and downward. However, there are several alternative ways to earn with Bitcoin aside from the traditional buy-and-hold (HODL) strategy:
Staking and DeFi Protocols
Although Bitcoin does not directly support staking, you can earn interest by lending your BTC through DeFi platforms or centralized services (e.g., BlockFi, Nexo, Celsius).
Classic Mining
Classic mining is the process of cryptocurrency extraction, where you set up and manage equipment (e.g., ASIC miners). The equipment connects to the Bitcoin network to verify transactions, and in return, you earn rewards in the form of new Bitcoins and transaction fees.
Advantages:
- Full control over the equipment.
- You choose the cryptocurrency to mine.
- No intermediaries, so all earnings stay with you.
Disadvantages:
- Ongoing electricity, cooling, and maintenance costs.
- High equipment costs (ASIC miners can range from $2,000 to $10,000).
- Need to be in a country with low electricity tariffs, otherwise, profitability may be minimal.
Classic mining is most profitable in countries with low electricity rates, such as Iceland, Kazakhstan, Venezuela, Russia, and Iran.
Working with Companies
Genesis Mining is one of the largest and most well-known cloud mining platforms. Founded in 2013 in Germany, the company operates farms in countries with low electricity costs, such as Iceland and Sweden. Genesis Mining offers rental computing power for mining various cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and others.
Thunderbolt Union is a UK-based company operating under a business model similar to Uber. It connects people from countries with expensive electricity with people from countries with cheap electricity. Thunderbolt Union handles all organizational processes, including purchasing equipment at low prices, installing and setting it up at hosters residing in regions with low electricity tariffs, and servicing the equipment. All devices are insured.
ECOS is a cloud mining service established in 2017 in Armenia. ECOS allows users to rent mining power for cryptocurrency mining without having to buy and maintain their own equipment. The platform offers various contracts for mining Bitcoin, Ethereum, and other popular cryptocurrencies such as Litecoin and Dash.
Cloud Mining
Cloud mining allows you to rent computational power from specialized companies. Instead of buying and setting up equipment, you rent power to use a specific amount of hash rate.
How it works:
- You choose a company and register.
- You purchase computing power, which gives you the right to use computational resources for cryptocurrency mining.
- The company performs the mining, and you receive your share of the profits proportional to the rented power.
Advantages:
- No need to buy, install, or maintain equipment.
- Suitable for beginners without technical knowledge.
Disadvantages:
- Lack of transparency in the operation of some services.
- Many unscrupulous companies, increase the risk of fraud.
Conclusion
In 2025, Bitcoin will continue to be one of the most discussed assets on the global financial market. While its price remains highly volatile and may fluctuate both upward and in correction, there are several ways to earn from cryptocurrency while avoiding significant risks. These include classic mining, working with cloud platforms, and partnering with those that offer risk-free business models. However, as with any investment process, it is important to carefully select strategies and partners to minimize potential risks and ensure stable profits.
Editor’s Note: The information presented in this article is for informational purposes only and should not be considered financial advice. Cryptocurrency investments and related activities involve significant risk, and readers should conduct their own research or consult a licensed financial advisor before making any decisions. Hackread.com does not endorse or recommend any specific investment strategies or platforms mentioned in this article.
