The network hashrate, a proxy for competition in the industry and mining difficulty, increased for the second straight month, the bank noted. “The network hashrate averaged 631 EH/s in August, up 16 EH/s from last month, and about 20 EH/s below prehalving levels,” the authors wrote.
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Will Canny
https://www.coindesk.com/markets/2024/09/04/bitcoin-mining-profitability-is-stuck-at-record-lows-jpmorgan-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
2024-09-04 08:31:51
