Bitcoin miner share prices soar in January 2023

1 year ago 74

Quick Take

CryptoSlate has previously analyzed 9 of the top Bitcoin mining companies in terms of the evolution of Bitcoin holdings in 2022. 2021 was an unfriendly year for Bitcoin miners, to put it mildly, as share prices plummeted over 55% and, in some cases, over 90%. However, 2023 has seen miner profitability tick up once again with the resurgence in Bitcoin price. Furthermore, miner revenue per exahash is a metric for estimating daily miner incomes relative to their estimated contribution to network hash-power, which went to all-time lows at the back end of 2022 to show how miners struggled.

Miners performance year-to-date:

CORZQ: +376.19% HUT: +136.06% BITF: +131.10% HIVE: +126.14% BTBT: +122.22% MARA: +112.06% CLSK: +57.71% ARGO: +4.52%  Trading View)Miner share price: (Source: Trading View)  Trading View)Miner hash price: (Source: Trading View)

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