Bitcoin miners faced a rocky March, with the market cap of 14 U.S.-listed miners tracked by JPMorgan dropping 25%! 😬 Only Stronghold Digital Mining (SDIG) managed to outperform BTC, though it still saw a slight decline. Miners with high-performance computing exposure lagged behind pure-play miners for the second month straight.

Despite the challenges, the network hashrate ticked up to 816 EH/s, indicating fierce competition and rising mining difficulty. 📈 However, revenue and profitability took a hit, with daily block reward revenue down 13% from February.

What are your thoughts on the future of bitcoin mining? Share below! 👇