Bitcoin Mining Profitability Jumps 29% Amid Rising Market Activity

Bitcoin Mining Profitability Jumps 29% Amid Rising Market Activity Bitcoin mining profitability has surged by nearly 30% in the first half of November 2024, fueled by Bitcoin’s price rally and increased transaction fees. According to a JPMorgan report cited by CoinDesk, the market capitalization of U.S.-listed mining firms rose by 33%, or approximately $8 billion,

Source: Bitcoin World