Foresight News reports that according to CoinDesk, JPMorgan indicated in a research report released on Friday that the Bitcoin network hash rate rose by 2% in the first two weeks of May, averaging 88.5 EH/s. As Bitcoin prices rise, miners' gross profits have expanded month-over-month, improving mining economics and increasing miners' profitability. The hash price, which measures daily mining profitability, increased by 13% compared to April. Analysts state that in the first two weeks of this month, the daily block reward income per EH/s for miners was about $50,100, up 13% from last month and up 3% year-over-year. Additionally, publicly listed mining companies in the U.S. maintain a share of the network hash rate, currently about 30.5%, an increase of 1.1% from April. The total market capitalization of the 13 U.S. Bitcoin mining stocks tracked by the bank rose 24% this month, amounting to $4.6 billion, with Bitdeer rising by 43% and Greenidge falling by 5%.

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