Bitcoin Mining Profitability Falls 7.4% in March Amid Price and Fee Decline: Jefferies Report
Jefferies highlights a significant downturn in Bitcoin mining profitability driven largely by reduced Bitcoin prices and transaction fees.
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Jefferies highlights a significant downturn in Bitcoin mining profitability driven largely by reduced Bitcoin prices and transaction fees.
A report from Jefferies highlights the significant share of U.S.-listed bitcoin miners in the global mining landscape as profitability rises.
Jefferies forecasts that December will be a profitable month for bitcoin miners following a strong November.
Jefferies has rated Core Scientific as a 'buy' with a price target of $19, highlighting the company's strong potential in capturing demand from AI sectors.
A recent report from Jefferies highlights a decrease in Bitcoin mining profitability for September, with potential challenges anticipated for October due to rising hashrate.
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