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BTC $77,830.28 -3.03%
ETH $2,442.61 -2.70%
BNB $691.11 -2.96%
XRP $1.38 -4.83%
SOL $104.08 -4.74%
TRX $0.3412 +1.06%
DOGE $0.0851 -4.48%
ADA $0.2030 -5.07%
BCH $247.94 -8.07%
LINK $11.43 -4.36%
HYPE $80.86 -4.54%
AAVE $122.14 -4.59%
SUI $0.7430 -4.79%
XLM $0.1792 -4.39%
ZEC $801.65 -1.34%

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

2024-12-19 19:40:23

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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