🚀 **Bitcoin Mining Stocks Hit Record High in Network Hashrate!**
JPMorgan reports that the combined hashrate of 14 U.S.-listed bitcoin mining stocks now accounts for a record 28.9% of the global network hashrate. This marks a significant 70% increase year-to-date, reflecting the efficiency and financial advantages of publicly listed miners.
- **Network Hashrate:** Up 4% this month to 672 EH/s.
- **Mining Profitability:** Slight increase of less than 1% since September.
- **Market Cap:** Miners' market cap has risen 7% since September.
Could this be an attractive trading opportunity as we head into the U.S. election? Share your thoughts in the comments! 💬