Bitcoin mining stocks skyrocketed after BTC price above $17,000

2023-01-10

REGULATION

2 years ago

Bitcoin mining stock prices soared as BTC prices soared above $17,000, with Bitfarms' shares up 32%, while Marathon up 24% and Riot up 18%.

Ref. BITCOIN Price in USD: BTC Live Price Chart News (blocksky.io)

However, Mines saw a decline in profit throughout 2022 due to rising energy prices and rising mining difficulties. Meanwhile, the price of bitcoin is declining.

Ref. Marketcaps of crypto mining stocks. Updated daily from The block's data

Source link: The Block

Picture Credit: Link

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Bitcoin mining stocks skyrocketed after BTC price above $17,000

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