US-listed Bitcoin miners hit new peak in global hashrate share

According to the latest data provided by analysts at banking giant JPMorgan, the share of the total Bitcoin network hashrate accounted for by US-based miners registered on the exchange has increased to almost 34%.

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Interestingly, their share of the hashrate has more than doubled since January 2022, when it was around 15%.

However, this growth has been quite uneven, with their share of the global hashrate fluctuating between 20% and 23%.

By November, they finally reached 30%, and this growth continued steadily throughout 2025.

“Access to U.S. capital markets is a major differentiator for miners,” said Matthew Siegel, head of digital assets at VanEck, commenting on the latest development.

Last month, JPMorgan analysts noted that publicly listed mining companies had one of their best quarters to date, generating gross profits of about $2 billion.

MARA Holdings (formerly Marathon Digital) continues to be the leading Bitcoin miner in the United States. Last month alone, the company mined 950 BTC. Its total assets are approaching 50,000 BTC.

US share of global hashrate

According to the Hashrate Index , the US currently accounts for 36% of the global hashrate. This figure is based on mining pool data and ASIC trading flows.

China, which previously had absolute dominance in Bitcoin mining, controlling nearly 75% of the world's hashrate thanks to cheap coal and hydropower, lost its lead after its government imposed a complete ban on mining in 2021.

Despite this ban, China still accounts for 17% of the global hashrate, placing it in third place.

Source: cryptonews.net

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