Bitcoin (BTC) Mining Profitability Falls For Fourth Consecutive Month in November: JPMorgan
CoinDesk
Bitcoin mining profitability declined for the fourth straight month in November, according to a JPMorgan report.Summary
JPMorgan reported that Bitcoin mining profitability decreased for the fourth consecutive month in November 2025. Daily block reward gross profit also dropped by 26% compared to the previous month. The Bitcoin network hashrate saw a 1% decline, averaging 1,074 exahashes per second (EH/s) after reaching a record high in October. Miners earned an average of $41,400 per EH/s in daily block reward revenue in November, marking a 14% decrease from October and a 20% year-over-year drop. Furthermore, the combined market capitalization of the fourteen U.S.-led miners tracked by the bank fell by 16% month-over-month to $59 billion, though Cipher Mining outperformed the group.
(Source：CoinDesk)