JPMorgan Labels July a ‘Successful’ Month for Bitcoin Miners
In July, the profitability of mining the leading cryptocurrency by public companies in the United States reached its highest level since the last halving, according to CoinDesk, citing a report from JPMorgan. Experts estimate that miners experienced “another successful month,” with average revenue of $57,400 per 1 EH/s of hash rate, marking a 4% increase […]