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ZEC $1,223.21 +0.22%
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AMZN $262.41 -0.06%
GOOGL $350.95 -0.36%
MSFT $534.84 -0.11%
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TSLA $382.38 -0.22%
SNDK $1,590.67 -0.11%
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SPCX $163.58 +0.29%
MU $1,033.59 -0.18%
AMD $608.41 -0.43%

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

2024-12-19 19:40:23

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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