The Bitcoin Network hashrate increased by 4% in the first two weeks of the month for an average of 937 exams per second (Eh / s)Wall Street Bank Jpmorgan (JPM) said in a research report on Monday.
The hashrate refers to the total combined calculation power used to exploit and treat transactions on a blockchain of evidence of work, and is an indirect indicator of competition in the industry and mining difficulties.
The combined hashrate of the 13 minors listed in the United States. Banking tracks increased by 94% in annual sliding, almost double the 48% increase in the network’s hashrate. American minors now represent 33.6% of world figures, the highest level ever recorded.
“We believe that minors have won ~ ~ $ 56,300 in daily rewards for blocks per EH / S in the first two weeks of the month, down 2% compared to last month,” wrote Reginald Smith and Charles Pearce analysts.
The hashprice, a measure of the profitability of daily mines, also dropped by 2% from the end of July, according to the report.
The total market capitalization of Bitcoin mining companies that the Bank Covers added 6% to 33.7 billion dollars this month. Operators with high performance information (HPC) The exhibition has outperformed after Terawulf (Wulf) announced a colocation agreement with Fluidstack and an investment by the Internet Google giant (Goog).
Terawulf exploded above in the first two weeks of August, with a gain of 74%. Riot platforms (RIOT) Sub-performed with a drop of 16%, added the report.
Find out more: The profitability of Bitcoin mines increased by 2% in July in the middle of the BTC prices rally, says Jefferies
