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Bitcoin Mining Profitability Rose in December for Second Month in a Row: JPMorgan Coindesk 2 weeks ago

Bitcoin Mining Profitability Rose in December for Second Month in a Row: JPMorgan 💰

Bitcoin mining saw an uptick in profitability for the second consecutive month in December, according to a report by JPMorgan. The report highlighted changes in the network's hashrate, which grew by 54% in 2024. This growth, although significant, was slower compared to the 103% increase in 2023, indicating evolving trends in the industry's dynamics.

Source: www.coindesk.com ↗