The total hashrate of 13 bitcoin classified in the United States
The minors followed by JPMorgan (JPM) now represent around 31.5% of the global network, the highest level ever recorded, the bank said in a research report on Monday.
These minors have added 11 exams per second (EH / S) of capacity since April, led by Cleanspark (CLSK), Hive Technologies (Hive) and Riot Platforms (Riot), according to the report.
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 overall chopping of minors increased by 99% in annual sliding compared to an increase of 55% in Y / Y / Y in the hashrate of the network.
The network’s hashrate dropped approximately 10 eh / s to an average of 890 eh / s in the first two weeks of June, a development that the bank declared “somewhat surprising”. However, there are more than 50% in annual shift.
The price of hash, a measure of the profitability of daily mines, dropped by 2% compared to the end of May, noted the report.
The total market capitalization of the 13 companies increased by 10%, or 2.4 billion dollars in the first two weeks of the month, the bank said.
Riot surpassed the group with a gain of 20%, while Bitfarms (Bitfu) subperformed with a 9%drop, added the report.
Find out more: Bitcoin minors just had one of their best neighborhoods ever recorded, says JPMorgan
