Source: Coindesk.com
The Bitcoin network hashrate is now back to pre-halving levels, the report said. The bank noted that U.S.-listed miners' share of the network hashrate increased for the fifth straight month to a new record. The fall in the hashprice, coupled with seasonal trends, could limit hashrate growth in the near term, JPMorgan said.
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The post "Bitcoin Mining Profitability Remains at All-Time Lows as Prices Fall, Hashrate Rises, JPMorgan Says" appeared first here Coindesk.com.
Source: Coindesk.com
