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U.S.-Listed Bitcoin Miners Shed 25% of Their Market Cap in March: JPMorgan

CoinDesk LogoCoinDesk1d ago

U.S.-Listed Bitcoin Miners Shed 25% of Their Market Cap in March: JPMorgan - CoinDesk

Quick Summary:

The monthly performance was the third-worst on record, the report said.

Cipher Mining (CIFR) underperformed with a 45% slump.

Daily block reward gross profit dropped 22% month-on-month to $23,000 per EH/s.


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U.S.-Listed Bitcoin Miners Shed 25% of Their Market Cap in March: JPMorgan - CoinDesk (Picture 1)

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Article Details

Author / Journalist: Will Canny

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-01 @ 14:02:23 (1 days ago)

News Timezone: GMT -5:00

News Source URL: coindesk.com

Language: English

Article Length: 203 words

Reading Time: 2 minutes read

Sentences: 25 lines

Sentence Length: 9 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinDesk

News ID: 27515700

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About CoinDesk

CoinDesk Logo

Main Topics: Crypto

Official Website: coindesk.com

Update Frequency: 40 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #8

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  • URL: https://chronographically.beamstart.com/news/us-listed-bitcoin-miners-shed-17435165399750

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