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ETH $2,228.11 -1.87%
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XRP $1.44 -3.39%
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TRX $0.3513 -0.41%
DOGE $0.1125 -2.77%
ADA $0.2614 -3.06%
BCH $427.12 -2.04%
LINK $10.06 -3.44%
HYPE $43.13 -6.93%
AAVE $92.04 -5.98%
SUI $1.09 -7.07%
XLM $0.1547 -4.11%
ZEC $507.19 -7.70%

Investment bank Jefferies: Bitcoin miners are expected to remain profitable in December

2024-12-19 19:40:23
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ChainCatcher news, according to CoinDesk, investment bank Jefferies' latest report shows that driven by Bitcoin's price reaching an all-time high, miners are expected to continue their profitable trend in December. Data indicates that the average Bitcoin price rose by 31% in November, while network hash rate only increased by 4%, with daily revenue per EH/s reaching $55,649, a month-over-month increase of 20.7%.

Among them, MARA Holdings ranks first in the industry with a deployed hash rate of 46.1 EH/s, mining 907 Bitcoins in November; CleanSpark ranks second with 33.7 EH/s, producing 622 Bitcoins. U.S.-listed mining companies account for 24.7% of the total network output, and lower winter temperatures help improve equipment operating efficiency.

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