PANews reported on April 2nd that according to Decrypt, JPMorgan stated in a report on Tuesday that Bitcoin miners continue to face challenges, with 14 listed mining companies collectively experiencing the worst month on record in March. The Bitcoin miners tracked, including companies like MARA and Core Scientific, saw their total market value shrink by 25% last month, approximately $6 billion. Additionally, the report noted that companies with high-performance computing businesses "underperformed pure Bitcoin miners for the second consecutive month".

JPMorgan's data shows that these 14 listed mining companies also performed poorly in February, losing over 20% of their total market value, also around $6 billion.