Shenchao TechFlow News, on November 19, according to CoinDesk, JPMorgan's latest research report shows that the economics of Bitcoin mining improved significantly in the first half of November. Data shows that the hashprice, which measures mining profitability, has increased by 29% since the end of October, mainly benefiting from the Bitcoin price increase exceeding the growth of network hash power, as well as the increase in transaction fees as a proportion of block rewards.

The research report points out that the total market value of the mining stocks tracked by the bank grew by 33% from October 31 to November 15, approximately 8 billion dollars. The network hash power has increased by 2% so far this month, averaging 718 EH/s. It is worth noting that 14 publicly listed mining companies in the United States currently account for about 28% of the global network hash power, maintaining a historical high.