Due to the increase in energy costs and the rising threshold of the mining industry, the cryptocurrency mining industry is showing a trend of centralization and specialization. Large - scale mining enterprises have advantages in terms of capital, technology, and energy procurement, and can better cope with the impact of rising energy costs. For example, professional mining enterprises can maintain profitability through large - scale deployment and energy optimization. In contrast, individual miners without scale advantages will face greater survival pressure, and their investment return prospects are not optimistic.