Investment bank Jefferies: Bitcoin mining business showed a mild recovery in June

ChainCatcher news, according to CoinDesk, investment bank Jefferies stated in a research report on Monday that due to a 2% increase in Bitcoin prices, a 5% decrease in network mining difficulty, and adjustments made to the market's expectations regarding the halving, Bitcoin mining profits in June were higher than in May.

Analyst Jonathan Petersen wrote: "From the most obvious direct impact of the halving in May, June was a month of moderate recovery in (mining profits)."