According to a research report released by JPMorgan Chase on Monday, as the price of bitcoin topped $99,500 last month, the share prices of some listed bitcoin mining companies also rose significantly. The report noted that the market capitalization of the 14 bitcoin miners tracked by JPMorgan increased by 52% month-on-month to $36.20 billion. Among the best performing companies in November, Singapore Bitdeer shares rose 83% to $14.27 during the period. Overall, shares of listed bitcoin miners rose after the U.S. election last month. Argo Blockchain was the only miner to lose money at the end of November. Its shares fell 3% in the month to $1.08 last Friday. Analysts say bitcoin mining revenues have fallen by 50% since the April halving event. While rewards are still relatively low, rising bitcoin prices made mining returns rise in November. On a 1 EH basis, bitcoin miners' daily revenues rose 24% to $52,000 in November from around $42,000 in October. (Decrypt)