PANews reported on April 16 that according to CoinDesk, JPMorgan Chase analyzed that in the first two weeks of April 2025, companies focusing on Bitcoin mining outperformed mining companies involved in high-performance computing (HPC) business. Only MARA Holdings and CleanSpark outperformed BTC, while HPC-related companies such as Bitdeer, TeraWulf, IREN and Riot performed poorly. During the same period, BTC prices fell, and computing power soared to 900 EH/s, compressing overall mining revenue, and the daily block reward per EH/s fell by 12% to about $41,500.
JPMorgan Chase: Pure mining companies outperformed HPC mining companies in the first two weeks of April
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