Bitcoin miners continue to face dwindling profits despite lower competition, JPMorgan says

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Bitcoin miners are experiencing declining profits despite lower competition, with a 7% drop in daily block reward revenue last month and a 32% decline year-over-year, according to JPMorgan.

Market Impact

Market impact analysis based on bearish sentiment with 90% confidence.

Sentiment
Bearish
AI Confidence
90%
Time Horizon
Short Term

Article Context

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Mining profitability declined last month, with daily block reward revenue down 7%, and 32% year-on-year.

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Original article published by Unknown on January 5, 2026.
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