BlockBeats News, May 1st, according to CoinDesk's report, on Thursday, Wall Street bank JPMorgan Chase pointed out in a research report that in April, Bitcoin mining companies with high-performance computing (HPC) businesses underperformed BTC for three consecutive months. To reduce reliance on cryptocurrency, some Bitcoin mining companies have shifted to new areas, such as providing HPC services to the rapidly growing artificial intelligence (AI) market. With the increase in network hash rate, mining profitability in April declined, with daily block reward income decreasing by 6% compared to March. At the same time, the average hash rate in April increased by around 56 EH/s, a 6% month-over-month growth, reaching 872 EH/s, marking the second-highest consecutive monthly average network hash rate increase in history. The total market value of the 13 U.S.-listed mining stocks tracked by the bank increased by 12% compared to March, with Greenidge (GREE) showing particularly strong performance in April, with a 46% gain.