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TechFlow reported, investment bank Jefferies said in a research report that February bitcoin mining profits were higher than in January, as the price of the world's largest cryptocurrency rose 15% while the network hash rate grew at a slower pace of 9%.
The share of bitcoin produced by publicly listed mining companies in North America declined from last month, falling from 19% to 17.5%.
Investment bank Jefferies said in a research report that Bitcoin mining profits in February were higher than in January, as the price of the world's largest cryptocurrency rose 15% while the network hash rate grew at a slower pace of 9%. The share of Bitcoin production from publicly traded mining companies in North America declined month-on-month, sliding from 19% to 17.5%.
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