The total market capitalization of the 14 American minors publicly contributed that the JPMorgan tracks (JPM) of Wall Street Bank (JPM) fell by 22% in February while the Bitcoin price (BTC) decreased and the mining economy has undergone pressure.
Bitcoin minors with exposure to high performance IT (HPC) dropped after the announcement of the depth of artificial intelligence (AI), and due to concerns about the capacity demand from the short -term data center, noted the bank.
Income and profitability dropped last month. The bank estimated that Bitcoin minors have won $ 54,300 per EH / S on average in daily reward income in February, a decrease of 5% compared to the previous month.
“The gross benefit of the daily award decreased by 9% M / M to $ 29,500 per EH / S in February,” wrote the Reginald Smith and Charles Pearce analysts.
The average hashrate of the network increased by 3% to 810 exams per second (EH / S) last month, according to the report.
The hashrate refers to the total combined calculation power used to exploit and treat transactions on a work evidence.
The mining difficulty increased by 2% compared to January, said the bank. The network difficulty is now 28% higher than before the event in April of last year.
Core Scientific (Corz) was the best interpreter with a 9% drop and Greenidge Generation underwater with a 36% drop for the month, added the report.
Find out more: Bitcoin minors classified by the United States represented 29% of Global Hashrate in February: JPMorgan
