JPMorgan Chase: July Bitcoin miner profitability hits highest level since last halving event
2025-08-01 13:33:58
Wall Street bank JPMorgan Chase released a report revealing that the profitability of bitcoin miners hit the highest level since the last halving event in July, with daily block reward revenue averaging $57,400/EH/s, an increase of 4% from June. In terms of stock performance, ten of the US-listed miners outperformed bitcoin in July. Argo Blockchain (ARBK) performed well, rising 66%, while Core Scientific (CORZ) underperformed, falling 21%.
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