the latest production data for the second quarter shows that mining companies that are listed or about to be listed are consolidating their share of Bitcoin production. The total market share of these 18 companies has increased from 21.1% in the same period last year to 32.5% in the second quarter. However, this growth is not uniform. The increase in total market share is not comprehensive, but is mainly driven by MARA, Cango, IRE, and CleanSpark, which have significantly increased their computing power, offsetting the losses of miners who have switched to HPC or experienced stagnant growth.
