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Boost sales by optimizing your content marketing strategy using AI powered insights ✌️【Investment】✌️Start with ₹500 and enjoy up to 100% monthly returns. Invest smart, earn big!Bitcoin (BTC) daily mining revenue and gross profit rose in November as the world's largest cryptocurrency hit record highs, but it is still about 50% belowpre-halvinglevels, JPMorgan (JPM) said in a research report Monday."We estimate that bitcoin miners earned an average of $52,000 per EH/s in daily block reward revenue in November, up 24% from October," analysts Reginald Smith and Charles Pearce wrote.The bank noted that transaction fees on the network spiked following the U.S.
Nov.
5 presidential election and this provided some "hashprice relief." The hashprice is a measure of mining profitability.The total market cap of the 14 publicly listed bitcoin miners in the bank's coverage surged 52% in November to $36.2 billion, the report said.The average network hashrate rose 4% month-on-month to 731 exahash per second (EH/s), the bank noted, while mining difficulty increased 7% from October.Hashrate refers to the total combined computational power used to mine and process transactions on aproof-of-workblockchain and is a proxy for competition in the industry and mining difficulty.Bitcoin's annualized volatility rose to 62% in November, up from 42% the month before, the report added.Will Canny is an experienced market reporter with a demonstrated history of working in the financial services industry.
He's now covering the crypto beat as a finance reporter at CoinDesk.
He owns more than $1,000 of SOL.Boost sales by optimizing your content marketing strategy using AI powered insights Secure Your Future with High-Return Investments
