JPMorgan: Bitcoin network hash rate declines for the second consecutive month in December 2025

BTC-0,47%

PANews January 5 News, according to CoinDesk, a report released by JPMorgan on Monday shows that by December 2025, the Bitcoin network hash rate has declined for the second consecutive month. The institution’s analysts pointed out: “As an industry competition indicator, the monthly average network hash rate decreased by 30 EH/s month-over-month in December, a 3% decline, with the average dropping to 1045 EH/s.” Mining profitability has also decreased. Analysts estimate that last month, miners’ average daily block reward income was $38,700 per EH/s, a 7% decrease from November and a 32% year-over-year decline, the lowest level on record. The report also states that last month’s daily gross profit from block rewards declined by 9% month-over-month, down to $17,100 per EH/s.

As of the end of 2025, the total market value of 14 JPMorgan-tracked Bitcoin mining companies and data center operators listed in the US rose to $48 billion, a 73% increase for the year. Among them, Hut 8 (HUT) performed the best last month, with a 2% increase in stock price; CleanSpark (CLSK) performed poorly, with a 33% decrease in stock price. The report further explains that although only two companies outperformed Bitcoin in December, over the entire year, 9 out of the 14 companies outperformed Bitcoin, with IREN (IREN) and Cipher Mining (CIFR) leading the performance.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

If Bitcoin drops below $66,000, the total liquidation strength of long positions on mainstream CEXs will reach $514 million.

News from March 8th shows that if Bitcoin drops below $66,000, the long liquidation strength on mainstream exchanges will reach $514 million; if it breaks through $69,000, the short liquidation strength will reach $794 million. The liquidation chart illustrates the market impact and liquidity response.

GateNews13m ago

Woo on BTC Price: 'Bull Trap Incoming' - U.Today

Willy Woo warns investors against short-term optimism in Bitcoin's price, indicating a potential bear trap despite possible relief rallies. He emphasizes that the market remains in a bearish phase and that the current conditions do not signify a market bottom.

UToday1h ago

Bitcoin Dip May Continue as Retail Buys Under $70K, Santiment Says

Bitcoin has shown renewed volatility as buyers and sellers clash at key levels. Retail participants have been loading up after the price dipped below $70,000, while larger holders have been trimming positions. Over a period spanning Feb. 23 to Mar. 3, Bitcoin traded roughly between $62,900 and $69,6

CryptoBreaking1h ago

ETH/BTC Ratio Locks Into Tight Range – Why the 0.03 Level Is the Key to Ethereum’s Next Big Move

The ETH/BTC ratio indicates ongoing hype in altcoin season and the continuing march of Bitcoin to new heights. Ethereum and Bitcoin are moving closely together than they have before (with little distance between them) as indicated by the ETH/BTC ratio reaching some of the tightest historical

BlockChainReporter2h ago
Comment
0/400
No comments