JPMorgan: BTCMining profitability is at historically low levels

Golden Finance reported that JPMorgan Chase said in a research report on Tuesday that the BTC mining profitability is at a historical low. Analysts wrote, "We estimate that the average daily Block reward income of BTCMiner in August is $43,600 per EH/s, the lowest on record." In contrast, the peak in November 2021 was $342,000 when the BTC price was $60,000 and the network Hash Rate was 161 EH/s.

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RongchengLouisvip
· 2024-09-04 09:36
Miner is at the top of the chain, and no one is Mining, so let's continue to fall, and the crypto world will be messed up sooner or later.
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