A recent research report from JPMorgan revealed the latest situation in the bitcoin mining industry, indicating that profitability in this sector is currently at an all-time low. According to analysts, the average daily block reward income for bitcoin miners in August was only $43,600 per EH/s, a figure that sets a new record low. This data contrasts sharply with the peak in November 2021 when BTC prices reached $60,000 and network hash rate stood at 161 EH/s.