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Bitcoin Miners Are Expected to be Profitable in December, Jefferies Says

November was a strong month for the miners as the rally in bitcoin outpaced the rise in the network hashrate, the report said.

Updated Dec 19, 2024, 1:21 p.m. Published Dec 19, 2024, 11:26 a.m.
Michal Bednarek/Shutterstock
Bitcoin miners are expected to be profitable in December, Jefferies says. (Michal Bednarek/Shutterstock)