U.S. publicly listed bitcoin miners have achieved a record 28.9% share of the global network hash rate, according to a report by J.P. Morgan. This growth in ownership reflects an increase in hash power used for bitcoin mining, which is crucial for securing transactions on the Bitcoin network. Amidst a rally in mining stocks, investors are finding these companies appealing, particularly ahead of the upcoming U.S. elections. Notable U.S. miners like CleanSpark, IREN, and Marathon Digital are capitalizing on increased market presence as North America has become a dominant player in the bitcoin mining space since the 2021 mining ban in China. J.P. Morgan's analysis highlights the efficiency and funding advantages of public mining operators, suggesting that investing in these miners could offer a viable investment avenue for crypto exposure as traditional investments in direct bitcoin become increasingly popular.

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