According to a research report by JPMorgan, daily mining revenue and gross profit for Bitcoin fell for the third consecutive month in September. Despite a slight increase in the average Bitcoin price and the network hashrate, daily mining revenue and gross profit declined. The hashrate increased by 2% from August, reaching 643 exahashes per second (EH/s), indicating the total combined computational power used for mining and processing transactions. JPMorgan estimated that miners earned an average of $42,100 per EH/s in daily block reward revenue in September, a 6% decrease from the previous month. The report also highlighted a decline in Bitcoin's annualized volatility from 62% in August to 44% in September.



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