The report notes that the overall hashrate has not undergone changes compared to the end of last month. In the first two weeks of March, the hashrate of the bitcoin network grew by 2 EH/S and amounted to an average of 811 EH/S. The average price of the first cryptocurrency decreased by about 10%, which negatively affected the mining sector.
The share in hashrate networks belonging to public mining companies from the USA is about 30%. Last year, according to the results of the third quarter, it was 29%, and according to the results of the fourth – 25%, they indicated in JPMorgan.
The total market capitalization of 14 mining companies registered in the United States decreased by 13% (almost $ 3 billion), in comparison with the previous month. Earlier, according to the results of February, this indicator decreased by 22% compared to January.
Recently, JPMorgan said that public mining companies whose securities are traded on stock exchanges will strive to increase their share in the general hashrate of Bitcoin network.
Source: Bits

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