JP Morgan's recent report has indicated that the hashrate of 14 publicly traded Bitcoin miners has reached an all-time high of 28.9% of the total hashrate. This substantial increase, amounting to a 70% surge this year, has resulted in a combined hashrate of 194 EH/s. The report highlights the efforts made by these miners to enhance efficiency and secure financing, ultimately leading to increased daily mining profitability. The market capitalization of these miners has also witnessed a 7% growth since the end of September, potentially presenting an attractive entry point for investors ahead of the upcoming US elections.

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