11:58 - 18.03.2025

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March 18, Fineko/abc.az. Miners earned roughly $48,300 in daily block reward revenue per EH/s in the first two weeks of March, a 11% drop from February, and a 52% decline since last April's halving event.

ABC.AZ informs, referring to CoinDesk’s report that the total market cap of the 14 U.S.-listed miners that the bank tracks slipped 13%, or about $3 billion, from the month previous.

Argo Blockchain (ARGO) outperformed with a 1% gain, while Cipher Mining underperformed with a 25% decline. Only one of the miners in the bank's coverage outperformed bitcoin in the same period, the report added.

The Bitcoin network hashrate rose 2 exashashes per second (EH/s) in the first two weeks of March, to an average of 811 EH/s, Wall Street bank JPMorgan (JPM) said in a research report Monday.

JPMorgan noted that U.S.-listed miners maintained their share of the network hashrate at around 30%.