PANews reported on October 14 that according to CoinDesk, research by investment bank Jefferies showed that Bitcoin mining profits declined in September, although Bitcoin prices remained relatively stable and network computing power rose by about 1.7%. The bank pointed out that the average daily revenue per Exahash fell by 2.6%. In addition, October may be more difficult for miners. Although Bitcoin prices rose by about 5%, network computing power increased by 11%, further suppressing earnings.
The report also showed that the mining share of North American listed mining companies in September increased from 19.9% in August to 22.2%, among which Marathon Digital mined the most bitcoins, reaching 705, followed by CleanSpark (CLSK), which mined 493.
