JPMorgan Chase: The average monthly computing power of the Bitcoin network fell by about 3% in June, possibly due to the heat wave affecting miners' operations

Odaily Planet Daily News: JPMorgan Chase reported on Tuesday that the average monthly computing power of the Bitcoin network fell by about 3% in June, mainly due to the recent heat wave that caused miners to reduce operations. However, the profitability of Bitcoin mining continues to improve. Last month, miners' daily block reward income averaged US$55,300 per EH/s, an increase of 7% from April, and daily block reward gross profit increased by 13% month-on-month, reaching a new high since January. The report also stated that the total market value of the 13 US-listed Bitcoin mining companies tracked by the bank increased by 23% from the previous month, about US$5.3 billion. (CoinDesk)