Odaily Planet Daily News JPMorgan Chase's latest research report shows that Bitcoin mining profit margins have fallen to an all-time low. The report released on September 4, 2024 pointed out that in August 2024, Bitcoin miners' average daily block reward income per EH/s (100 billion hashes) was only $43,600, a record low, in sharp contrast to the peak in November 2021. At that time, the price of Bitcoin was $60,000, the network computing power was 161 EH/s, and the daily block reward income per EH/s was as high as $342,000. The report also revealed that the total market value of 14 US listed mining companies tracked by JPMorgan Chase fell 15% from the previous month to $20 billion. Only three mining companies performed better than Bitcoin. At the same time, the Bitcoin network computing power rose for the second consecutive month, reaching an average of 631 EH/s in August, an increase of 16 EH/s from the previous month and about 20 EH/s below the level before the halving. (The Block)