Bitcoin Mining Profitability Plunges in September, Jefferies Reports

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North American Mining Companies Increase Bitcoin Production Share in September

Enhanced Performance Boosts North American Mining Companies’ Bitcoin Share

Improved Uptime and Favorable Weather Conditions Drive Increased Bitcoin Mining

During the month of September, North American listed mining companies saw a rise in their production of bitcoin, with a larger share of 22.2% compared to 19.9% in August. This increase was attributed to the improved performance and uptime of these firms, which benefited from cooler temperatures.

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