JPMorgan analysts wrote in a report on Tuesday that the overall market capitalization of listed bitcoin miners soared last month as a number of large mining companies expanded into high-performance computing. In August, the combined market capitalization of 13 listed mining companies in the United States hit a new record, exceeding $39 billion. Mining companies tracked by JPMorgan include Hut 8, Core Scientific, TeraWulf, IREN and Riot, all of which are listed on the stock exchange.
Mining the world's largest cryptocurrency by market capitalisation has become increasingly difficult and expensive. Since halving last year, the block reward for bitcoin mining has fallen from 6.25 to 3.125, reducing output. These trends have eroded the profitability of mining companies, even as the price of bitcoin has risen, prompting miners to seek new sources of income.
JP Morgan Chase: Benefiting from artificial intelligence, bitcoin mining stocks hit a new high in August
2025-09-03 02:40:39
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：受益于人工智能，8月份比特币矿企股票创新高Next article：
币安钱包 Holoworld AI 首期 Booster 活动开启，参与门槛为 61 Alpha 积分
