According to a research report by JPMorgan, Bitcoin mining economics have improved in December, with the hashprice increasing by 5% compared to November. This increase was driven by the rally in Bitcoin's price, which outpaced the rise in the network hashrate. The report also noted that the network hashrate has increased by 6% month-to-date. The bank estimated that miners earned about $57,300 in daily block reward revenue per exahash per second (EH/s) over the first two weeks of December, the highest level in the last seven months but still below pre-halving levels. The combined hashrate of the U.S.-listed miners tracked by the bank has increased by nearly 94% year-to-date, now accounting for 29% of the global network. However, the total market cap of these miners fell by 4% ($1.5 billion) after increasing following the U.S. presidential election.



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