JP Morgan's recent report via The Block reveals that the daily revenue of Bitcoin miners has been declining for the third consecutive month in September. However, the report also highlights that Bitcoin's hashrate has been on a steady rise since Q2, reaching 643 EH/s in September, a 2% increase from the previous month. Despite a 7% surge in Bitcoin's price in September, the average revenue per EH/s for miners decreased by 6% month-over-month to $42,100. The combined market capitalization of 14 publicly traded Bitcoin miners still experienced a 4% increase to $21 billion.

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