Bitcoin Mining Companies Listed in the U.S. See Unprecedented Hashrate Surge

Tuesday, 16 July 2024, 12:24
In July, Bitcoin mining firms listed in the U.S. experienced a remarkable increase in global hashrate, signaling robust growth in the sector. The combined market capitalization of 14 monitored Bitcoin miners surged by 29% from June-end, as highlighted in a recent report. This significant uptrend underscores the expanding influence of U.S.-based Bitcoin miners on the global cryptocurrency network.
CoinDesk
Bitcoin Mining Companies Listed in the U.S. See Unprecedented Hashrate Surge

Bitcoin Mining Sector Report Summary

The report reveals that 14 U.S.-based Bitcoin mining companies registered a substantial rise in market cap.

Key Points:

  • Hashrate Surge: The firms observed a record increase in global hashrate during July.
  • Market Capitalization Growth: The aggregate market cap of the companies soared by 29% from the previous month.

The numbers portray a strong trajectory for Bitcoin miners listed on U.S. exchanges, indicating their increasing dominance in the global cryptocurrency industry.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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