Mining companies whose shares are traded on stock exchanges account for 19% of the total bitcoin hashrate. This is stated in the Arcane Research report.

According to analysts, the share of such miners in January 2021 was only 3%.

“If there were only a few mining companies listed on the stock market in January 2021, now there are 26 of them,” the experts said.

The researchers named “good access to capital” among the reasons for the increased share in the total hashrate, thanks to the ability of public mining companies to increase their capacity.

“Most of the hash power generated by public miners is in North America,” Arcane Research said.

Researchers have suggested that over time, more mining companies will enter the stock market. This will affect the hashrate structure.

Previously, analysts from the Norwegian firm had predicted an increase in computing power in the context of individual public mining companies.

Recall that in the first quarter of 2022, the American mining company Marathon Digital mined 556% more bitcoins than in the same period of the previous year.