The Bitcoin
The average monthly hashrate of the network fell around 3% in June, Wall Street Bank JPMorgan (JPM) He said in a research report on Tuesday.
The hashrate refers to the total combined computational power used to extract and process transactions in a chain of work test blocks, and is a proxy of competition in industry and mining difficulty. It is measured in exahashes per second (Eh/s).
“Our sense is that the decline was driven by the reduction related to the seasonal climate in the US.
Bitcoin’s mining profitability continues to improve. Bank analysts estimated that the miners obtained an average of $ 55,300 for EH/s in the daily block reward for the last month, an increase of 7% from April.
The gross gain of the reward of the daily block increased by 13% month to month to the highest level since January, analysts said.
The total market capitalization of the 13 Bitcoin miners followed by the United States to which the bank increased by 23%, or around $ 5.3 billion, since the previous month, according to the report.
High performance computing operators (HPC) The exhibition surpassed pure players due to the speculation of an agreement between the scientific nucleus (Corz) and Coreweave (CRWV).
Iren (Iren) exceeded the group with a 67%gain, while bitfarms (Bitf) It was the worst performance with a 19%decrease, the report added.
Read more: The part of the Bitcoin miners of the American list on the hashrat network reached the record in June: Jpmorgan
