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Investment bank Jefferies: Bitcoin mining profitability fell 7.4% in March

According to Jefferies, bitcoin mining profitability declined 7.4 percent in March due to an 11.2 percent drop in average bitcoin prices and a 9.1 percent drop in transaction fees. Jefferies also said 3,534 bitcoins were mined by U.S. listed bitcoin miners in March, compared to 3,002 in February.

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