Jefferies says Bitcoin mining profitability declines in August

Jefferies said Bitcoin mining profitability fell by 5% in August due to rising network hash rates. Suppose a mining fleet with computing power of 1 EH/s has a daily income of $55,000 last month, down from $58,000 in July. Listed American miners produced a total of 3,573 bitcoins, of which MARA Holdings led with a hash rate of 705,703 tokens and a hash rate of 59.4 EH/s, followed by CleanSpark, with a computing power of 50 EH/s.