{"id":32095,"date":"2025-06-16T16:17:09","date_gmt":"2025-06-16T16:17:09","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=32095"},"modified":"2025-06-16T16:17:09","modified_gmt":"2025-06-16T16:17:09","slug":"u-s-listed-bitcoin-miners-share-of-network-hashrate-hit-record-high-in-june-jpmorgan","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=32095","title":{"rendered":"U.S.-Listed Bitcoin Miners&#8217; Share of Network Hashrate Hit Record High in June: JPMorgan"},"content":{"rendered":"<div>\n<p>The total hashrate of the 13 U.S.-listed bitcoin BTC miners tracked by JPMorgan (JPM) now accounts for around 31.5% of the global network, the highest level on record, the bank said in a research report on Monday.<\/p>\n<p>These miners added 11 exahashes per second (EH\/s) of capacity since April, led by CleanSpark (CLSK), Hive Technologies (HIVE) and Riot Platforms (RIOT), the report said.<\/p>\n<p>The hashrate refers to the total combined computational power used to mine and process transactions on a <a href=\"https:\/\/www.coindesk.com\/tech\/2021\/09\/16\/understanding-proof-of-work-proof-of-stake-and-tokens\">proof-of-work<\/a> blockchain, and is a proxy for competition in the industry and mining difficulty. The miners&#8217; aggregate hashrate has risen 99% year-on-year versus a 55% y\/y increase in the network hashrate.<\/p>\n<p>The network hashrate fell about 10 EH\/s to an average of 890 EH\/s in the first two weeks of June, a development the bank said was &#8220;somewhat surprising.&#8221; Still, it remains up over 50% year-on-year.<\/p>\n<p>The hash price, a measure of daily mining profitability, dropped 2% from the end of May, the report noted.<\/p>\n<p>The total market cap of the 13 companies rose 10%, or $2.4 billion, in the first two weeks of the month, the bank said.<\/p>\n<p>Riot outperformed the group with a 20% gain, while Bitfarms (BITFU) underperformed with a 9% decline, the report added.<\/p>\n<p><strong><em>Read more:<\/em><\/strong> <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/06\/13\/bitcoin-miners-just-had-one-of-their-best-quarters-on-record-jpmorgan-says\"><strong><em><span style=\"text-decoration:underline\">Bitcoin Miners Just Had One of Their Best Quarters on Record, JPMorgan Says<\/span><\/em><\/strong><\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The total hashrate of the 13 U.S.-listed bitcoin BTC miners tracked by JPMorgan (JPM) now accounts for around 31.5% of the global network, the highest level on record, the bank said in a research report on Monday. These miners added 11 exahashes per second (EH\/s) of capacity since April, led by CleanSpark (CLSK), Hive Technologies [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-32095","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/32095","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=32095"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/32095\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=32095"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=32095"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=32095"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}