Bitcoin network hashrate fell for second consecutive month in December: JPMorgan
CoinDesk
JPMorgan reported the Bitcoin network hashrate declined for a second straight month in December, alongside falling mining profitability.Summary
JPMorgan analysts noted that the Bitcoin network's average hashrate decreased by 3% month-over-month in December, falling to 1,045 EH/s, marking the second consecutive monthly decline. Mining profitability also suffered, with daily block reward revenue dropping 7% from November and 32% year-over-year, reaching a record low. Despite these trends, the combined market capitalization of the 14 U.S.-listed bitcoin miners tracked by the bank increased by 73% to $48 billion by the end of 2025. Hut 8 performed best among the tracked miners in December, while CleanSpark underperformed.
(Source：CoinDesk)