Bitcoin (BTC) miners' daily revenue and gross profit increased in December, reaching the highest levels since April, according to JPMorgan. The profitability of mining was boosted by the ongoing rally in Bitcoin, which outpaced the growth in network hashrate. JPMorgan estimated that miners earned an average of $57,100 per exahash per second (EH/s) in daily block reward revenue in December, a 10% increase from November. However, the revenue and profit per EH/s are still significantly below pre-halving levels. The network hashrate grew by 6% in December, while mining difficulty rose by 7%. The total market cap of publicly listed bitcoin miners declined in December, with TeraWulf being the only miner that outperformed Bitcoin last year.



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