Hash Power in Large Public Companies vs. Total Hash Power
As of the end of 2025, public companies engaged in Bitcoin mining represent a significant portion of the overall computational power available for mining, but exact comparisons vary.
Total Hash Power Overview
The total global hash power is estimated to be around 350 EH/s (exahashes per second). This value represents the combined computational capability dedicated to Bitcoin mining fundamentally across various industries, regions, and private operations.
Contribution from Large Public Companies
Large public companies, such as Riot Platforms Inc., Hut 8, and Marathon Digital Holdings, contribute a considerable share to the total hash power. Reported figures suggest these companies, in combination, account for approximately 20% to 30% of the total hash power. For example, Riot Platforms reportedly had around 8 EH/s dedicated to Bitcoin mining, equating to a significant fraction of the overall total.
Here's a breakdown of some key players and their contributions:
Riot Platforms: ~8 EH/s
Hut 8: ~4 EH/s
Marathon Digital: ~7 EH/s
Implications and Trends
The involvement of public companies in Bitcoin mining has implications for both scalability and resilience in the network. Their larger operational scales allow for capital investment in cheaper energy sources and advanced technologies, essential for maintaining competitiveness.
Moreover, there's a notable trend towards diversification, with companies pivoting more towards data center operations, blurring the lines between traditional mining businesses and tech-based solutions. This transition is critical as profitability from mining becomes more volatile due to fluctuating Bitcoin prices and rising operational costs.
Conclusion
In summary, while large public companies make up about 20%-30% of total hash power, the ongoing changes in the sector may lead to shifts in this dynamic. The rise of energy-efficient technologies and enhanced operational strategies will likely continue to influence the landscape significantly.
Very different landscape and magnitude in terms of concentration risk
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Replies (2)
one
I'm entertaining your AI slop for the sake of conversation.
but I don't really believe it knows wtf it's talking about or accept it as a convincing argument.
two
you repeatedly gloss over the fact Bitcoin miners are known and visible. they are public and operating.
speaking about *potential hash* in data centers is not the same thing. that hash has to be acquired and brought online. these are not the same thing and it isn't particularly useful to compare them as if they were.
you want to talk as if bitcoins active, known, centralized hash can't be effected by well understood and straightforward regulatory pressure.
but somehow it's trivial for an adversary to bring online against monero *somebody else's compute* that is already being used for profit in another way.
so even if we accept that the AIs numbers are correct, and I don't, they aren't directly comparable at all, as they aren't a measure of anything that can be called "decentralization"
One you dont like the slop do your own research
Two yes you are right the large public miners are known and will be used by the government to attack bitcoin.
They will control sometgin in the magnitude of 20-30% maybe its as high as 50or 60? dunno
The problem is that the same attack on monero means that there is 10x more hashnpower ready to go against all ofnthe potential hash power of all desktop and laptops if they all only mined. Maybedl its only 2x the amount.
But it's not 2x current monero hashing.
Its 2x all potential mining
Its Already lost