February 22, 2025
US-LISTED BITCOIN MINers Are Growing Their Share of the Network Hashrate: Bernstein thumbnail
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US-LISTED BITCOIN MINers Are Growing Their Share of the Network Hashrate: Bernstein

These Companies Grew their Share of the Bitcoin Network to About 29% in January from AROUND 20% A Year Ago, The Report Said.”, – WRITE: www.coindesk.com

TheSe Companies Grew Their Share of the Bitcoin Network to About 29% in January from AROUND 20% A Year Ago, The Report Said. Feb 17, 2025, 11:43 AM UTC

Bitcoin (BTC) MINERS LISTED IN THE US ARE Growing their Share of the Network Hashrate, Broker Bernstein Said in A Report Monday.

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 Diffe.

“Us Listed Bitcoin Miners Are Increase Their Share of the Network Hashrate, Leverage Access to Capital, Land and Power,” Analysts Led by Gautam Chhugani Wrote.

These Companies Grew their Share of the Bitcoin Network to around 29% in January, from 20% A year ago, the report said, adding that large miners aggressely.

Iren (Iren) is growing istate the fastest, followed by Cleanspark (CLSK), Riot Platforms (Riot), and Mara Holdings (Mara), Bersestein Said.

Bernstein has an outperform rating on iren (pt $ 26), Cleanspark (Pt $ 30) and Riot Platforms (Pt $ 22). Mara Holdings (PT $ 23) is Market-Perform Rated.

Iren, Mara Holdings and Cleanspark All Performed Well On “Power Efficiency and Uptime” The Report Added.

Wall Street Bank JPMorgan (JPM) Said January Was A Quiet Month for Hashrate Growth.

Read More: Bitcoin Network Hashrate Growth Was Muted in January: JPMORGAN

Will CannyWill Canny Is An Experienced Market Reporter with a demonstrated History of Working in the Financial Services Industry. He’s Now Crypto Beat As A Finance Reporter at Coindesk. HE OWNS more than $ 1,000 of Sol.

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