U.S. listed mining companies’ share of global hash rate hits record high in July

Bitcoin miners have performed strongly in the first two weeks of this month, BlockBeats reported on July 16. JPMorgan Chase noted that U.S.-listed Bitcoin miners accounted for a record 26.6% of the global hash rate.

It added that this was up 2.4% since the end of June and 5.6% since the Bitcoin halving. The total capacity of mining machines listed in the United States increased by 17 EH/s in June, reaching the highest level on record.

The biggest gainers were Riot Platforms (RIOT), Bitfarms (BITF), and CleanSpark (CLSK). All listed mining stocks outperformed Bitcoin during this period, with the exception of Stronghold Digital (SDIG), which fell 8%. Cipher Mining (CIFR) led the gains with a 44% gain.