Bitcoin network hashrate fell for second consecutive month in December
JPMorgan said the Bitcoin network hashrate fell for a second straight month in December, signaling easing competition among miners. Mining profitability continued to slide, with block reward revenue per exahash hitting a record low, down 32% year over year, alongside weaker gross profits. Despite weakness last month, U.S.-listed bitcoin miners and data center operators posted strong gains in 2025, with the group’s market cap up 73% for the year.
The monthly average network hashrate, a proxy for industry competition, declined 30 EH/s (-3%) m/m to an average of 1,045 EH/s in December," analysts Reginald Smith and Charles Pearce wrote.
Mining profitability also fell. The analysts estimated that miners earned an average of $38,700 per EH/s in daily block reward revenue last month, "down 7% from November and 32% y/y, representing the lowest level on record."
The combined market cap of the 14 U.S.-listed bitcoin miners and data center operators that the bank tracks rose to $48 billion by end-2025, up 73% for the year.
Hut 8 (HUT) was the best performer of the group last month with a 2% gain, while CleanSpark (CLSK) underperformed with a 33% decline.
While only two of the companies outperformed bitcoin in December, 9 of the 14 beat the largest cryptocurrency over the course of the year, led by IREN (IREN) and Cipher Mining (CIFR), the report added. $BTC {spot}(BTCUSDT) $ETH {spot}(ETHUSDT) $BNB {spot}(BNBUSDT)
Crypto market is moving in tight ranges today — perfect conditions for scalpers and smart traders. Liquidity hunts are active, fake breakouts everywhere, and patience is the real edge.
Trade the reaction, not the prediction. Risk management > FOMO.
Crypto market is moving in tight ranges today — perfect conditions for scalpers and smart traders. Liquidity hunts are active, fake breakouts everywhere, and patience is the real edge.
Trade the reaction, not the prediction. Risk management > FOMO.
Crypto market is moving in tight ranges today — perfect conditions for scalpers and smart traders. Liquidity hunts are active, fake breakouts everywhere, and patience is the real edge.
Trade the reaction, not the prediction. Risk management > FOMO.
🐶 DOGE ALERT 🐶 Dogecoin is gearing up for a potential move toward $0.21 by mid-February 💲💲 Momentum is slowly building, sentiment is improving, and meme coins are starting to wake up again. 📈 If volume expands and the market stays bullish, DOGE could surprise many. 👀 Watch key levels, manage risk, and don’t ignore the power of hype. Sometimes memes move faster than fundamentals 🚀 $DOGE {spot}(DOGEUSDT) #Dogecoin #Crypto #memecoin🚀🚀🚀 #Altcoins #bullish Not financial advice
VITALIK SAYS ETHEREUM JUST SOLVED BLOCKCHAIN IS BIGGEST PROBLEM
After a decade of grinding, Ethereum just solved the blockchain trilemma.
Vitalik announced that ZK-EVMs hit production-grade performance (proving times down to seconds, costs slashed 45x) + PeerDAS now on mainnet = decentralization + consensus + massive bandwidth, all at once. ⚡
🗺️ Roadmap ahead $ETH 🔹 2026: Big gas limit boosts + first ZK-EVM nodes 🔹 2026-28: Repricing & state tweaks for safe scaling 🔹 2027-2030: ZK-EVMs become primary validation, huge throughput jumps
🔒 Security first—EF targeting 128-bit provable by end-2026.
Meanwhile, institutions are piling in: JPMorgan launched a $100M tokenized money-market fund on #ETH, Deutsche Bank building ZKsync L2.
#Ethereum isn't chasing trends—it's building the resilient, trustless world computer.