CoinVoice has recently learned that according to CoinDesk, JPMorgan Chase stated in a research report that the combined hash rate of 14 U.S.-listed Bitcoin mining stocks tracked by the investment bank currently accounts for 28.9% of the network hash rate, a record high.
“The aggregate hash rate of the 14 tracked US-listed miners has grown by approximately 70% (80 EH/s) year to date to 194 EH/s, while the network hash rate has grown by 33% and now accounts for a record approximately 28.9% of the global network hash rate,” analysts Reginald Smith and Charles Pearce wrote. The bank said this is an increase of nearly 8% since the Bitcoin halving event earlier this year, reflecting the efficiency and financing advantages of some listed miners.
Additionally, mining stocks rose in the first two weeks of the month as Bitcoin rallied, while companies in the high-performance computing (HPC) space continued to see interest from hyperscale corporate deals. [Original link]
