Investment bank Jefferies report: Bitcoin mining profits decline by 5%

[Jefferies Investment Bank Report: Bitcoin Mining Profits Decline by 5%] The investment bank Jefferies reported on Sunday that Bitcoin mining profits declined by 5% last month due to increased network computing power. The analyst team led by Jonathan Petersen stated that if the miners' computing power is 1 EH/s, the daily revenue in August was about $55,000, lower than $58,000 in July and $44,000 a year ago. In August, publicly listed mining companies in the United States mined a total of 3,573 Bitcoins, fewer than the 3,598 in July, and these miners accounted for 26% of the Bitcoin network's computing power, the same as in July. Among them, MARA Holdings (MARA) had the most outstanding mining performance, producing 705,703 Bitcoins, with IREN following closely behind. In addition, MARA had the largest available computing power among these companies at 59.4 EH/s, with CleanSpark closely following at 50 EH/s.