đ„ JPMorgan Chase alert! Bitcoin mining profits fell for three consecutive months, and the increase in hash rate could not hide the profit winter! đš
JPMorgan Chase report: Bitcoin mining profits have fallen for three consecutive months
đ  Time node đ
On October 1, JPMorgan Chase (JPM) released its latest research report.
đ Hash rate rises đ
Trend: The hash rate of the Bitcoin network rose for the third consecutive month in September.
Increase: 2% increase from August to 643 EH/s.
đ°Â Mining profit declines đ°
Revenue: Despite a slight increase in hash rate and BTC price, daily mining revenue and gross profit continued to decline.
Data: Daily block reward gross profit fell 6% month-on-month to $16,100 per EH/s in September.
Gross profit margin: 38.4%, the lowest level in recent times.
đšÂ Continuous decline đš
The profitability of Bitcoin mining has declined for the third consecutive month, and the market needs to pay close attention to subsequent developments.
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