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JPMorgan: Bitcoin mining profitability in August fell to a historic low

2024-08-16 22:00:40
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ChainCatcher message, according to CoinDesk, JPMorgan (JPM) stated in a research report on Friday that Bitcoin (BTC) mining stocks gave back gains related to artificial intelligence (AI) in the first two weeks of August, as the network hash rate increased, causing mining profitability to drop to historic lows.

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