Investment bank Jefferies: Bitcoin mining profitability fell 7.4% in March

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According to ChainCatcher, data from Jefferies shows that Bitcoin mining profitability decreased by 7.4% in March due to a 11.2% drop in average Bitcoin price and a 9.1% decline in transaction fees.

Jefferies also stated that Bitcoin mining companies listed in the United States mined 3,534 Bitcoins in March, compared to 3,002 in February.

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