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Bitcoin Mining Profitability Fell in September, Jefferies Says

October could be a harder month for the miners as the network hashrate is currently 11% higher while the bitcoin price is up only about 5%, the report said.

Updated Oct 14, 2024, 9:22 a.m. Published Oct 14, 2024, 9:19 a.m.
Bitcoin mining profitability fell in September, Jefferies says. (Shutterstock)
Bitcoin mining profitability fell in September, Jefferies says. (Shutterstock)