PANews reported on March 5 that according to Decrypt, JPMorgan wrote in its latest cryptocurrency report that in February alone, the total market value of 14 listed crypto mining companies in the United States fell by 22%, or $6 billion. The bank tracks companies such as Core Scientific, Greenidge, and MARA Holdings. The JPMorgan report also pointed out that the revenue of these companies has also declined. The bank's analysts predicted that in February, Bitcoin miners will earn an average of $54,300 per EH/s per day through block rewards, a 5% decrease from the previous month.

Additionally, miners with high-performance computing operations are also under pressure following the launch of Chinese AI model Deepseek in late January, JPMorgan wrote.