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![MessariCrypto Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::412587524.png) Messari [@MessariCrypto](/creator/twitter/MessariCrypto) on x 428.4K followers
Created: 2025-05-16 14:39:03 UTC

Bitcoin mining is more concentrated than ever.

Yet TAO Hash just spun up ~0.7% of global hashrate in weeks with zero capex.

How? It tokenized hashrate.

Subnet 14: @TAOHash full breakdown 👇

![](https://pbs.twimg.com/media/GrE-o-hWcAA9uZ4.jpg)

XXXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1923387725333291344/c:line.svg)

**Related Topics**
[tokenized](/topic/tokenized)
[tao](/topic/tao)
[mining](/topic/mining)
[bitcoin mining](/topic/bitcoin-mining)
[bitcoin](/topic/bitcoin)
[coins layer 1](/topic/coins-layer-1)
[coins bitcoin ecosystem](/topic/coins-bitcoin-ecosystem)
[coins pow](/topic/coins-pow)

[Post Link](https://x.com/MessariCrypto/status/1923387725333291344)