U.S.-listed mining companies produced a larger share of bitcoin in July than June, accounting for 21.1% of the total network versus 20.7% in May, the report said. August will be a more difficult month for the miners as the price of bitcoin has dropped about 5% while the network hashrate has started to grow again, the report added.
Related posts
-
Bouncing Lows, Mining Woes, and Fartcoin Highs
Last week was marked by bitcoin’s resilience and worries... -
Microsoft says ‘no’ to Bitcoin, corporates say ‘bring it on’
Microsoft shareholders nixed a Bitcoin treasury idea, but other big-name companies disagree with this strategy. Here’s... -
Send surges 360%, dForce jumps 160%, BTC hovers $97k
The price of SEND and dForce jumped triple digits, while Bitcoin shows clear signs of struggling...