Bitcoin Mining Revenue and Profit Decline for Fourth Consecutive Month: JPMorgan Report
JPMorgan's research report revealed that daily bitcoin mining revenue and gross profit decreased for the fourth consecutive month in October. The report also highlighted that mining difficulty reached an all-time high during the same period. Additionally, the bank noted that daily block reward gross profit hit a recent record low. Despite this, Bitcoin's price continued to rise, breaking the $64K mark.
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