JPMorgan: Bitcoin Network Hashrate Rises 4% in First Two Weeks of August

According to a report by Jinse Finance, JPMorgan stated that since the end of last month, the Bitcoin network’s hashrate has increased by 4%, and the share of U.S.-listed mining companies tracked by the bank has reached a record 33.6% of the global Bitcoin network. JPMorgan noted that after news of the deal between TeraWulf and Fluidstack, operators with high-performance computing (HPC) businesses have performed better.