JPMorgan Chase: U.S. listed mining companies' network hash rate reached a record high of 29% in October
The mixed hash rate of 14 Bitcoin mining companies listed in the United States tracked by JPMorgan now accounts for 28.9% of the network hash rate, reaching a historical high. Analysts Reginald Smith and Charles Pearce wrote: "The total hash rate of the 14 listed mining companies in the United States tracked has increased by about 70% (80 EH/s) so far this year, reaching 194 EH/s, while the network hash rate has increased by 33%, currently accounting for a record-breaking approximately 28.9% of the global network hash rate." The bank said that since the Bitcoin halving event earlier this year, this number has increased by nearly 8%, reflecting the efficiency and financing advantages of some listed mining companies.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Candybomb Carnival (Episode 8): Trade to share 80,000 USDT
CandyBomb x MCAT(Episode 2): Trade to share 50,000 USDT
CandyBomb x MHA: Trade to share 8,000,000 MHA
Bitget PoolX to list MAGNE.AI (MHA): Lock ETH & XAUT to get 8,000,000 MHA airdrop
