JP Morgan Chase: Bitcoin network hashrate rose slightly in the first two weeks of May
2025-05-19 14:49:32
In a research note released on Friday, JPMorgan noted that the Bitcoin network hashrate rose by 2% in the first two weeks of May, averaging 88 5EH/s. As bitcoin prices rose, miners' gross profit expanded month-on-month, mining economic conditions improved, and miners' profitability capacity enhancement. Hash prices, which measure daily mining profitability, rose 13% from April, which is "encouraging". Analysts said daily block reward revenue per EH/s for miners in the first two weeks of this month was about $50,100, up 13% from the previous month and up 3% year-on-year. In addition, U.S. listed mining companies maintained their share of online hashing power, currently accounting for about 30.5%, up 1.1% from April. The total market value of 13 U.S. bitcoin mining stocks tracked by the bank rose 24% this month, or $4.60 billion, of which Bitdeer rose 43% and Greenidge fell 5%. (CoinDesk)
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
摩根大通：5月前两周比特币网络算力微升Next article：
特朗普与普京通电话讨论俄乌问题，俄称目前未筹备普京与特朗普会晤
