In December, U.S. listed Bitcoin mining companies accounted for 25.3% of the global hash rate, significantly improving mining profitability

ChainCatcher news, according to a report by Jefferies, U.S. listed Bitcoin mining companies accounted for 25.3% of the global hash rate in December 2024. The report noted that Bitcoin prices rose by 15% in December, outpacing the network hash rate growth of 6.5%, leading to improved mining profitability.

In December, U.S. listed mining companies mined a total of 3,602 Bitcoins, up from 3,404 in November. Among them, MARA produced the highest output at 890 Bitcoins, followed by CleanSpark (CLSK) with 668 Bitcoins. MARA's installed hash rate is 53.2 EH/s, the largest in the industry, with CleanSpark closely following at 39.1 EH/s.