Research Shows 19% of Bitcoin’s Hashrate Is Managed by Publicly Listed Companies
According to findings stemming from a report published by Arcane Research, Bitcoin’s hashrate is steadily going public as an increasing share is deployed by publicly listed companies. Current data shows that the publicly listed miners’ share of Bitcoin’s hashrate is roughly 19% today, up 3% since January 2021. Publicly Listed Bitcoin Miners Continue to Grow, Public Miners Expand Capacity Much Faster Than the Overall Market Bitcoin mining has grown a great deal during the last few years as the crypto asset’s hashrate reached all-time highs this year. Presently,....
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Data shows the share of the bitcoin hashrate in control of publicly-listed mining companies has shot up to 19% recently. Public Mining Companies’ Share Of Bitcoin Hashrate Spikes To 19% As per the latest weekly report from Arcane Research, the amount of BTC hashrate controlled by publicly-listed companies has observed a sharp increase over the […]
The total share of the Bitcoin hash rate owned by publicly traded companies has surged over the past year as a growing number of Bitcoin miners go public. A recent report has shown that nearly one-fifth of the total share of Bitcoin’s hash rate now belongs to publicly-listed mining companies.The report, published by Arcane Research, details that publicly-listed Bitcoin (BTC) mining companies now account for 19% of Bitcoin’s total hash rate, growing considerably from a mere 3% in Jan. last year. Public miner’s share of BTC hash rateThe term hash rate refers to the total computing power used....
More publicly traded firms added Bitcoin to their treasuries during the first four months of 2021 than during the entirety of last year. But will it continue? More than $6.5 billion worth of BTC — or close to 1% of the crypto asset’s entire capitalization — is held by 19 publicly-listed companies. A further 5.75% of Bitcoin’s market cap is held by exchange-traded products and closed-ended trusts.The figures are contained in a new study by Nickel Digital Asset Management. The 19 firms cited are worth a combined market cap of more than $1 trillion, with 13 based in North America, three....
Data shows the public Bitcoin mining companies have plans to expand their hashrate by around 50% by the end of the year, Public Bitcoin Miners To Add 27 EH/s To Their Hashrate In Remaining Part Of 2022 As per a post from Arcane Research, the combined hashrate of these miners will reach around 80.7 EH/s […]
The publicly-listed company said it doubled its bitcoin mining hashrate capacity in just a few months.