🚀 Bitcoin mining revenue saw a boost in November, with miners earning an average of $52,000 per EH/s, up 24% from October, according to JPMorgan. Despite this rise, earnings remain 50% below pre-halving levels.
- Transaction fees spiked post-U.S. election, offering some relief to miners.
- The market cap for publicly listed bitcoin miners surged 52% to $36.2 billion.
- Network hashrate increased by 4%, while mining difficulty rose 7%.
Bitcoin's annualized volatility jumped to 62%. What do you think about these shifts? Share your thoughts in the comments!