The #hashrate of fourteen mining companies with a listing in the #UnitedStates in October reached 28.9% of the total. Such data were cited in #JPMorgan , writes CoinDesk.
Since the beginning of the year, the firms tracked by the bank have increased the metric by ~70% year-over-year, from 114 EH/s to 194 EH/s, while total computing capacity has grown by ~33%.
Since halving, firms' share has increased by 8%, reflecting their âefficiency and financial strengthâ.
Hashrate is estimated to be up 4% since the beginning of October, while hashprices are up less than 1%.
The capitalization of tracked miners has increased by 7% over this period, exceeding their share of the block reward by 1.9 times (the minimum since May). This implies an âattractive entry point before the election,â according to analysts.
Recall, in JPMorgan allowed a slowdown in the growth of #bitcoinâïž $BTC
hashrate.
Earlier in Matrixport pointed to the potential of shares of miners in view of the stabilization of the fall in their income and lagging behind the dynamics of the first cryptocurrency.
