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BTC $60,001.68 -4.87%
ETH $1,533.14 -11.57%
BNB $565.40 -5.23%
XRP $1.06 -6.16%
SOL $61.38 -8.60%
TRX $0.3195 -2.55%
DOGE $0.0793 -8.25%
ADA $0.1504 -9.64%
BCH $205.98 -14.46%
LINK $7.13 -8.72%
HYPE $57.97 -7.46%
AAVE $59.19 -14.60%
SUI $0.6774 -9.21%
XLM $0.1911 -2.57%
ZEC $358.62 -9.99%

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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