The revenue of listed Bitcoin mining companies has declined for three consecutive months, and the total market value increased by 4% in September to US$21 billion

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ODAILY
10-08
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Odaily Odaily News: The overall revenue of listed crypto mining companies has declined for the third consecutive month, while the increase in network difficulty has made the situation even more difficult. According to a report by JPMorgan Chase, the hash rate of the Bitcoin network increased every month in the second quarter, reaching 643EH per second in September, an increase of 2% from August. At the same time, miners' revenue per EH/s fell 6% month-on-month to an average of US$42,100. Although Bitcoin's value rose by about 7% in September by market value, recovering most of its losses in August. Despite this, the total market value of 14 US-listed Bitcoin miners tracked by JPMorgan Chase rose 4% in September to US$21 billion. (TheBlock)

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