Data: Over 32% of Bitcoin Is Mined by Publicly Listed Mining Companies

According to a report by Jinse Finance, the latest Q2 production data shows that listed and soon-to-be-listed mining companies are consolidating their share of Bitcoin output. The combined market share of these 18 companies increased from 21.1% in the same period last year to 32.5% in the second quarter. However, this growth is not evenly distributed. The overall rise in market share is not universal, but is mainly driven by MARA, Cango, IRE, and CleanSpark, which have significantly increased their computing power, offsetting the losses from miners who have shifted to HPC or whose growth has stagnated.