SR037: Eleventh CryptoSuper500 List – Slides
Eleventh CryptoSuper 500 List – Slides
The computational resources that create and maintain Bitcoin execute a Reusable Proof of Work (POW) security protocol and comprise a decentralized supercomputer with millions of specialized ASICs that perform about 500 Exahashes/second of secure protocol calculations, that is, half a Zettahash/second. The top 12 publicly traded Bitcoin mining companies have a collective market cap of over $8 billion and hold over $1 billion in Bitcoin in their corporate treasuries. They have roughly 100 Exahashes/sec of hash rate and they mine 20% of the 900 Bitcoins mined on an average day, primarily in North America.
Digital Transformation
Constellation Summary
Report Type: Evolution