One-fifth of global Bitcoin hash rate is now controlled by listed companies

in #hopdh2 years ago

The growing share of bitcoin mining has led to an increase in the total share of bitcoin hash rates owned by publicly traded companies over the past year.

A recent report shows that about one-fifth of the total shares of Bitcoin's hash rate now belong to publicly listed mining companies.

The report, published by Arken Research, details that publicly-listed Bitcoin (BTC) mining companies now account for 19% of Bitcoin's total hash rate, a significant increase from just 3% in January last year.

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