April 30, 2025

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

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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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Source: Bitcoin World

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