2025 has ended, and a new year has begun. This note summarizes the key data and insights from the past year's mining operations.

From the beginning to the end of the year, the mining industry experienced many changes—price fluctuations, electricity cost pressures, hardware iterations, and network difficulty adjustments. Reviewing these data points, we can see which strategies were effective and identify areas that need optimization.

At the same time, this article also looks ahead to 2026. The new year's mining environment will be more competitive, but opportunities are also present. Whether it's Bitcoin mining, Ethereum staking, or other PoW/PoS projects, it is necessary to reassess the return cycles and risk factors.

Let's take a look at the specific plans.