Bitcoin Net (Eh/s) at an average of 949 eh/s, 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.
The total market capitalization of the 13 bitcoin that is quoted in the United States Miners Bank’s slopes also reached a record in August, with high performance computing (HPC) Execution conducting profits.
Terawulf (Wulf) announced a placement agreement with fluidstack and Iren (Iren) He expanded his GPU fleet, the bank said.
With the hashrate in a record, the mining profitability decreased from the previous month as the price of Bitcoin fell.
“We estimate that Bitcoin miners obtained an average of $ 55,100 for EH/s in the daily block reward revenues in August, 4% less than in July,” wrote the analysts Reginald Smith and Charles Pearce. The gross gain of the reward of the daily block also fell, falling 7% to $ 31,900 for eh/s, analysts wrote.
The combined market capitalization of the 13 Bitcoin miners that are quoted in the United States that trace JPMorgan analysts increased 23% from the previous month, or around $ 7.4 billion.
Terawulf exceeded with a gain of 83%, while Greenidge Generation (GREE) The report did not have a lower yield with a 22%decrease, the report added.
Read more: the average hashrate of 7 days of Bitcoin hits 1 Zettahash for the first time
