April 19, 2025
Bitcoin Miners With HPC Exposure UnderFerFormed in First Two Weeks of April: JPMORGAN thumbnail
Business

Bitcoin Miners With HPC Exposure UnderFerFormed in First Two Weeks of April: JPMORGAN

Mara Holdings and Cleanspark OutPerFormed BTC, While Miners with Exposure to High-Person Computing, Such As Bitdeer, Terawulf, Iren and Riot.”, – WRITE: www.coindesk.com

Mara Holdings and Cleanspark OutPerFormed BTC, While Miners with Exposure to High-Person Computing, Such As Bitdeer, Terawulf, Iren and Riot.Updated APR 16, 2025, 7:47 PM PUBLISHED APR 16, 2025, 3:09 pm

The Performance of Bitcoin (BTC) Mining Stocks Was mixed in the first Two Weeks of April, With Pure Play Operators Outpermorming Those with Exposure to HIGH-POPORANCE. SAID IN A RESEARCH REPORT WEDNESDAY.

Only Mara Holdings (Mara) and Cleanspark (Cleanspark) OutperForMed The Largest Cryptocurrency During the Period, While Miners With Exposure to Hpc, which is (BTDR), Terawulf (Wulf), Iren (Iren) and Riot Platforms (Riot) UnderPerFormed.

The Bank Noted that March Was a good month for the US-LITTED MINERS. They Added 15 Exahashes per Second of Capacity, and Mined More Tokens. The First Two Weeks of April Were Not As Positive.

“Network Hashrate Growth OutpaCed US Operator Expansion, and Average Bitcoin Price Declined Over The First Half of April, Which Has Pressure Mining Economics,” Analystsstsstsststsststsststsststsststs. Wrote.

The Bank Estimated that US-Lited MINers Are Currently Trading AROUND 1.2 Times Their Proportional Share of the Four-Yoar Block Block Reward Opportunity, Which Is The Lowest Level in More.

Mines Earned About $ 41,500 in Daily Block Revenue Per Eh/S in the First Two weeks of the month, A 12% Decline from March, The Report Said.

The Network Hashrate Has Risen 85 eh/s month-to-date to an average of 900 eh/s, The Bank Noted. The Hashrate Refers to the Total Combined Computational Power Used to Mine and Process Transactions on A Proof-of-Work Blockchain, and Is a Proxy for Competition in the Industry and Mining.

The Total Market Cap of the 13 US-Listed Bitcoin Miners That Bank Tracks Fell 2% to $ 16.9 Billion in April.

Read More: Bitcoin Mining Profitability Down 7.4% in March as Prices, Transaction Fees Fell: Jefferies

Will CannyWill Canny Is An Experienced Market Reporter with a demonstrated History of Working in the Financial Services Industry. He’s Now Crypto Beat As A Finance Reporter at Coindesk. HE OWNS more than $ 1,000 of Sol.

X Icon

Picture of Coindesk Author Will Canny

Related posts

Neutrl Raises $ 5m to Tokenize A Popular Hedge Fund Altcoin Trade

unian ua

Susd steiblcoin fell below $ 0.7. Synthetix explained the reasons

unian ua

Bitcoin Mining Profitability Down 7.4% in March as Prices, Transaction Fees Fell: Jefferies

unian ua

Leave a Comment

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More