PANews reported on April 2 that according to Decrypt, JPMorgan Chase said in a report on Tuesday that Bitcoin miners continue to face challenges, and 14 listed mining companies in the field collectively experienced the worst month on record in March. The Bitcoin miners it tracks, including companies such as MARA and Core Scientific, saw their market value shrink by 25% in total last month, or about $6 billion. In addition, the report stated that companies with high-performance computing businesses "performed worse than pure Bitcoin miners for the second consecutive month."
The 14 listed miners also underperformed in February, when they also lost more than 20% of their combined market value, also about $6 billion, according to JPMorgan Chase & Co.
