{"id":42740,"date":"2025-08-18T14:32:07","date_gmt":"2025-08-18T14:32:07","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=42740"},"modified":"2025-08-18T14:32:07","modified_gmt":"2025-08-18T14:32:07","slug":"bitcoin-network-hashrate-rose-4-in-first-two-weeks-of-august-jpmorgan","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=42740","title":{"rendered":"Bitcoin Network Hashrate Rose 4% in First Two Weeks of August: JPMorgan"},"content":{"rendered":"<div>\n<p>The Bitcoin network hashrate rose 4% in the first two weeks of the month to an average of 937 exahashes per second (EH\/s), Wall Street bank JPMorgan (JPM) said in a research report Monday.<\/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.<\/p>\n<p>The combined hashrate of the 13 U.S.-listed miners the bank tracks rose 94% year-on-year, almost double the 48% increase in the network hashrate. The U.S. miners now account for 33.6% of the global figure, the highest level on record.<\/p>\n<p>&#8220;We estimate miners earned ~$56,300 in daily block reward revenue per EH\/s over the first two weeks of the month, down 2% from last month,&#8221; analysts Reginald Smith and Charles Pearce wrote.<\/p>\n<p>The hashprice, a measure of daily mining profitability, also fell 2% from the end of July, the report said.<\/p>\n<p>The total market cap of the bitcoin mining companies that the bank covers added 6% to $33.7 billion this month. Operators with high-performance computing (HPC) exposure outperformed after TeraWulf (WULF) announced a <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/08\/14\/terawulf-jumps-22-on-usd3-7b-ai-hosting-deal-with-google-taking-8-stake\">colocation deal<\/a> with Fluidstack, and an investment from internet giant Google (GOOG).<\/p>\n<p>TeraWulf exploded higher in the first two weeks of August, with a 74% gain. Riot Platforms (RIOT) underperformed with a 16% decline, the report added.<\/p>\n<p><strong><em>Read more: <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/08\/17\/bitcoin-mining-profitability-rose-2-in-july-amid-btc-price-rally-jefferies-says\"><span style=\"text-decoration:underline\">Bitcoin Mining Profitability Rose 2% in July Amid BTC Price Rally, Jefferies Says<\/span><\/a><\/em><\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Bitcoin network hashrate rose 4% in the first two weeks of the month to an average of 937 exahashes per second (EH\/s), Wall Street bank JPMorgan (JPM) said in a research 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 [&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-42740","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\/42740","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=42740"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/42740\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=42740"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=42740"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=42740"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}