According to BlockBeats, on September 11, investment bank Jefferies said in a research report on Wednesday that the profit of Bitcoin mining in August was much lower than in July, as the average price of Bitcoin fell by more than 4%, while the average network hash rate rose by about 2.7%.
The report also states that September will once again be a difficult month as BTC remains below $60,000 while the network hash rate continues to climb.
