U.S. public miners hit record share of Bitcoin hashrate

Bitcoin’s hashrate rose 4% in early August to 937 EH/s, JPMorgan reported, cited by CoinDesk. The 13 U.S.-listed miners tracked by the bank grew their combined hashrate 94% year-over-year, now controlling 33.6% of the global total, a record high. Mining profitability slipped 2% from July, while the sector’s market cap rose 6% to $33.7 billion.