ChainCatcher news, according to CoinDesk, JPMorgan's latest research report shows that the economics of Bitcoin mining significantly improved 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 rate, as well as the increase in the proportion of transaction fees in block rewards.

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