U.S. Bitcoin Miners Just Seized a Record Slice of Network Hashrate—Wall Street Takes Notice

Wall Street''s mining machines are eating Bitcoin''s lunch—again.

U.S.-listed miners now command their biggest-ever share of the network''s total hashrate, according to JPMorgan''s June data dump. The institutional invasion is officially underway.

The Hash Power Grab

Publicly traded firms—armed with cheap capital and Nasdaq-listed stock—are outmuscling basement operations. Forget decentralization romanticism; this is industrial-scale extraction.

Who Needs Satoshi''s Vision When You Have Shareholder Value?

As the big boys tighten their grip, the ''little guys'' face a brutal calculus: sell out or get squeezed out. Meanwhile, JPMorgan analysts—who once called Bitcoin a ''fraud''—now track its hashrate distribution with spreadsheet precision. Progress?

The mining game just got a lot more corporate. Place your bets—before the suits change the rules again.