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

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

Bitget2024/12/19 12:43
BTC-1.56%

According to CoinDesk, the latest report from investment bank Jefferies shows that due to Bitcoin's price reaching a historic high, miners are expected to continue their profitable trend in December. Data shows that the average price of Bitcoin rose by 31% in November, while network computing power only increased by 4%, with daily income per EH/s reaching $55,649, an increase of 20.7%.

Among them, MARA Holdings ranked first in the industry with an installed computing power of 46.1 EH/s and mined 907 Bitcoins in November; CleanSpark ranked second with 33.7 EH/s and produced 622 Bitcoins. U.S.-listed mining companies accounted for up to 24.7% of total network output; lower winter temperatures can help improve equipment efficiency.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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