U.S. Public Bitcoin Miners Are Now Dominating the Hashrate 🔥🚀
According to JPMorgan, U.S listed miners now control over 33.9% of the entire Bitcoin network hashrate a new all-time high.
📈 Just two years ago (July 2022), they had only 14.8%
🏛️ Now, publicly traded U.S. companies are mining 1 in every 3 $BTC
This is a huge shift in how decentralized Bitcoin mining really is.
Why It Matters?
More hashrate concentration = more regulatory exposure.
If U.S. regulators wanted to pressure Bitcoin, this is exactly where they’d start.
Heads Up:
Watch this trend. If it keeps rising, expect more debates around miner centralization, policy risk, and Bitcoin’s core values.