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BTC $60,737.22 -3.72%
ETH $1,559.70 -8.78%
BNB $571.20 -3.84%
XRP $1.07 -5.42%
SOL $62.05 -8.20%
TRX $0.3197 -2.42%
DOGE $0.0796 -7.83%
ADA $0.1526 -8.59%
BCH $207.43 -12.79%
LINK $7.20 -8.04%
HYPE $58.93 -6.46%
AAVE $59.65 -14.44%
SUI $0.6838 -7.23%
XLM $0.1930 -2.38%
ZEC $373.82 -4.16%

Investment bank Jefferies: Bitcoin miners are expected to remain profitable in December

2024-12-19 19:40:23
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ChainCatcher news, according to CoinDesk, investment bank Jefferies' latest report shows that driven by Bitcoin's price reaching an all-time high, miners are expected to continue their profitable trend in December. Data indicates that the average Bitcoin price rose by 31% in November, while network hash rate only increased by 4%, with daily revenue per EH/s reaching $55,649, a month-over-month increase of 20.7%.

Among them, MARA Holdings ranks first in the industry with a deployed hash rate of 46.1 EH/s, mining 907 Bitcoins in November; CleanSpark ranks second with 33.7 EH/s, producing 622 Bitcoins. U.S.-listed mining companies account for 24.7% of the total network output, and lower winter temperatures help improve equipment operating efficiency.

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