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Controlling 17% of BTC hash fee: Report on publicly listed mining companies

The Cointelegraph Analysis Terminal, the main supplier of premium databases and institutional-grade analysis on blockchain and digital property, has added a brand new report back to its increasing library. The newest paper seems at a selected group of gamers within the (BTC) mining business. Revealed by crypto consulting agency Crypto Oxygen, the report highlights the present panorama of publicly listed crypto mining corporations that management roughly 17% of the whole hash fee of your complete Bitcoin community.

The crypto mining business is a shortly rising and evolving sector. In January this yr, a United States-based firm Core Scientific went public through a particular objective acquisition firm (SPAC) merger, making it the most important publicly traded crypto mining firm in income and hash fee. Core Scientific’s hash fee leads all public corporations with 8.3 exahashes per second (Eh/s), and it mined 5,769 BTC in 2021, producing about $545 million in income. Coming in second and third by way of income are Riot Blockchain (NASDAQ:) and Hive Blockchain Applied sciences, incomes $215 million and $195 million, respectively.