“US-LITTED MINING Companies Accounted for 26% of the Bitcoin Network Last MONT, UNCHANGED FROM JULY, The REPORT SAID.”, – WRITE: www.coindesk.com
“A HYPOTHETICAL ONE EH/S Fleet of BTC MINers Wuld HAVE HAVE GENERATED ~ $ 55K/DAY IN REVENEU
The Hashrate Refers to the Total Combined Computational Power Used to Mine and Process Transactions on A Proof-of-Work Blockchain, and Is a Proxy for Competition in the Industry and Mining. IT IS MEASURED IN Exahashes per Second (Eh/S).
US-Listed Mining Companies MINED 3.573 Bitcoin in August Versus 3,598 in July, The Report Noted, and TheSe Mines Accounted for 26% of the Bitcoin Network Last Month, Unchanged FROM.
Mara Holdings (Mara) Mined The MOST BITCOIN OF THE GROUP, WITH 705,703 Tokens, Followed by Iren (Iren), Jefferies Said.
Mara’s Energized Hashrate is Still the Largest of the Group, at 59.4 eh/s, with Cleanspark (CLSK) Second With 50 EH/S, The Report Aded.
Read More: Bitcoin Network Hashrate Returned to All-Time Highs in August: JPMORGAN
Network Activity Remains the Key Driver of Ether’s Value, But Much of the Recent Growth Has Been on Layer-2s, The Report Noted.
- Citi Predicts that Ether Will Fall to $ 4.300 by Year-End But Could Slide to $ 2,200 in The Bear Case or Rise to $ 6.400 In A Bullish Scenario.
- Layer-2 Growth Clouds Valination, with Citi Assuming Just 30% Pass-Through To Ethereum’s Base Layer, Leaving Current Prices Above Model Estimates.
- ETF Inflows are punking above their weight, but are expectioned to Stay Smaller than than Bitcoin’s.
Read Full Story