PANews May 1 news, according to CoinDesk, Wall Street bank JPMorgan Chase pointed out in a research report on Thursday that in April, Bitcoin mining companies with high-performance computing (HPC) businesses underperformed BTC for three consecutive months. In order to reduce their dependence on cryptocurrencies, some Bitcoin mining companies have turned to new areas, such as providing HPC services to the fast-growing artificial intelligence (AI) market. As the network hash rate increased, mining profitability declined in April, and daily block reward revenue decreased by 6% from March. At the same time, the average hash rate in April rose by about 56 EH/s, a month-on-month increase of 6% to 872 EH/s, setting a record for the second highest consecutive increase in the monthly average network hash rate. The total market value of the 13 US-listed mining stocks tracked by the bank increased by 12% from March, among which Greenidge (GREE) performed particularly well in April, with an increase of 46%.