U.S.-Listed Bitcoin Miners Increase Network Hashrate Share
- U.S.-listed bitcoin miners expanded their network hashrate share to approximately 29% in January, up from 20% a year earlier.
- IREN is the fastest-growing miner in terms of hashrate, followed by CleanSpark, Riot Platforms, and MARA Holdings.
- Bernstein rates IREN (PT $26), CleanSpark (PT $30), and Riot Platforms (PT $22) as outperforming; MARA Holdings (PT $23) is market-perform rated.
- IREN, MARA Holdings, and CleanSpark excelled in “power efficiency and uptime.”
- JPMorgan noted that January experienced muted hashrate growth.
The share of U.S.-listed bitcoin miners in the network hashrate increased significantly to around 29% by January. IREN leads the growth rate among these companies.
Source (2.6)https://www.coindesk.com/markets/2025/02/17/u-s-listed-bitcoin-miners-are-growing-their-share-of-the-network-hashrate-bernstein?rand=52298
