Foresight News reported that according to CoinDesk, a report from investment bank Jefferies showed that Bitcoin's rise to an all-time high earlier this week is expected to enable miners to extend their profitability from November to December.
Bitcoin mining economics improved in November, with the average price of Bitcoin up 31% while the average network hash rate rose nearly 4%. Average daily revenue per exahash was $55,649, up 20.7% month-over-month. U.S.-listed miners mined fewer Bitcoins in November than the previous month, but with a larger share, accounting for 24.7% of the entire network. MARA Holdings (MARA) mined the most Bitcoins in November, at 907, with CleanSpark (CLSK) second at 622.
