Bitcoin (BTC) profitability decreased by 7.4 % in March

The Investment Bank said in a research report on Friday that Bitcoin Mining profitability (BTC) decreased by 7.4 % in March.The report said that the decrease was due to a 11.2 % decrease in the average bitcoin price and a 9.1 % decrease in transactions.Jeffrez said miners listed in the United States dispensed 3,534 Bitcoin in March for 3,002 in February.The report said that Mara Holdings (Mara) produced the largest number of bitcoin in March, with 829 symbols.The report added that Mara also had the largest proven fragmentation, at 54.3 Exhashes per second, with Cleanspark, the second biggest in 42.4 EH/S, the report said.Looking at April, Jefferies noticed that Bitcoin did not change widely while the S&P 500 index decreased by 6 %. 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