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

in hopdh •  2 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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