JPMorgan Chase: Bitcoin mining profitability fell for the third consecutive month in September

Odaily News According to a JPMorgan report, Bitcoin mining daily revenue and gross profit fell for the third consecutive month in September, and block reward gross profit fell to the lowest level in "recent records". Despite a slight increase in Bitcoin prices and network computing power, with computing power increasing by 2% from August, miners' daily block reward revenue per EH/s decreased by 6% to $16,100. In addition, transaction fees did not exceed 5% of the block reward. (Coindesk)