Crypto
April Sees Decline in Bitcoin Mining Profitability Amid Network Hashrate Increase
Mining profitability for Bitcoin decreased in April as the network's hashrate saw a rise, according to a report by Jefferies.
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Mining profitability for Bitcoin decreased in April as the network's hashrate saw a rise, according to a report by Jefferies.
Jefferies forecasts that December will be a profitable month for bitcoin miners following a strong November.
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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