Bitcoin World 2024-10-01 12:55:38

JP Morgan Reports Third Consecutive Decline in Bitcoin Mining Profitability Amid Network Hashrate Increase

JP Morgan Reports Third Consecutive Decline in Bitcoin Mining Profitability Amid Network Hashrate Increase Bitcoin mining profitability has taken a downturn for the third consecutive month in September, despite an uptick in the network’s hashrate, according to a recent report from JP Morgan. The financial institution, citing data from CoinDesk, revealed that Bitcoin miners are

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