Bernstein Singles Out Mining Stocks That Are Expected to Outperform

  • 📰 Utoday_en
  • ⏱ Reading Time:
  • 57 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 63%

Switzerland Nachrichten Nachrichten

Switzerland Neuesten Nachrichten,Switzerland Schlagzeilen

Bernstein has picked two Bitcoin mining stocks that it expects to outperform in the near future

CleanSpark and Riot Platforms were placed at the top of the list due to leading the market in self-mining hashrate. Bernstein believes that these stocks will be able to outperform due to superior execution.

Earlier this month, CleanSpark managed to exceed 17 exahashes per second of operating hashrate. The company has enhanced its agreement with leading cryptocurrency mining device manufacturer Bitmain in order to upgrade its fleet with 100,000 S21 Pro ASIC miners. The new model will make it possible for ClearnSpark to achieve a 17% efficiency boost. CleanSpark CEO Zach Bradford recently stated that efficiency was"the most important variable" ahead of the upcoming halving event.

Mining stocks have taken a severe hit this year, with most of them losing more than half of their value. The upcoming block reward reduction is expected to have negative impact on miners in the short term . , gold bug Peter Schiff recently commented on the rout in Bitcoin mining stocks, suggesting that the largest cryptocurrency could be already in a stealth bear market.

Aptos Labs collaborates with Microsoft, Brevan Howard and SK Telecom to bring global institutional finance on-chain with Aptos Ascend Powered by Qualcomm, Aethir Unveils Game-Changing Aethir Edge Device to Unlock the Decentralized Edge Computing Future

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 295. in CH
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen