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Report on publicly listed mining firms -Breaking

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The 17% control of the BTC hashrate: A report on publicly-listed mining companies

The Cointelegraph Research TerminalThe leading supplier of high-quality databases and research that is institutional-grade on digital assets and blockchain, has just added another report to their expanding library. It examines one particular set of actors in the digital asset ().BTC) mining industry. Crypto Oxygen published the report, which highlights the present landscape of crypto mining firms that are publicly traded and control around 17% of all the hash rates of the Bitcoin network.

Crypto mining is a rapidly evolving and growing sector. Core Scientific (a US-based crypto mining company) went public through a special purpose merger. This makes it the biggest publicly traded crypto mining firm in terms of revenue and hash rate. Core Scientific’s hash rate leads all public companies with 8.3 exahashes per second (Eh/s), and it mined 5,769 BTC in 2021, generating about $545 million in revenue. Riot Blockchain Technologies (NASDAQ:), and Hive Blockchain Technologies are second and third, respectively, in terms of revenue.