According to BlockBeats, a report from investment bank Jefferies reveals that U.S.-listed Bitcoin mining companies accounted for 25.3% of the global hashrate in December 2024. The report highlights an improvement in profitability for mining companies during the month, attributed to a 15% increase in the average price of Bitcoin, which significantly outpaced the 6.5% growth in network hashrate.
U.S. Bitcoin Mining Companies Hold 25.3% of Global Hashrate in December 2024
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