Investment bank Jefferies: Bitcoin mining business saw a mild recovery in June

Odaily News Investment bank Jefferies said in a research note on Monday that bitcoin mining was more profitable in June than in May, as bitcoin prices rose 2%, network mining difficulty fell 5%, and the market adjusted for the impact of the halving. Analyst Jonathan Petersen wrote: "From the most obvious direct impact of the halving in May, June was a month of modest recovery (mining profits)." (CoinDesk)