Bitcoin (BTC) network hashrat dropped as miners react to recent Heatwave: JPMORGAN


Bitcoin

Wall Street Bank JPMORGAN June network average hashrat falls by about 3% (JPM) Tuesday’s research report said.

Hashirat refers to the total computing power used to mine and process transactions. Certificate of work Blockchain is an agent in the competition between industry competition and mining difficulty. It is measured in exahashes per second (eh/s).

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“Our feeling is that the decline in the U.S. is driven by seasonal weather-related declines in the U.S. and noted that the password alone, Iren and Riot run in Texas >80 EH/S.”

Bitcoin mining profitability continues to increase. Analysts at the bank estimate that miners earned an average of $55,300 per EH/s in daily reward income last month, a 7% increase from April.

Analysts noted that daily note reward gross profit rose by 13% since 13%.

The bank’s total market capitalization rose 23% from last month, or $5.3 billion, the report said.

Operators with high performance computing (HPC) Because guess A trade Between core science (CORZ) and CoreWeave (coll).

iron (iren) Better than the group with 67% gains, while Bitfarms (BITF) The report added that the worst performance was down 19%.

Read more: In June, US-listed Bitcoin miners hit the net hashrat with high hit rate: JPMorgan Chase





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